A metric used by investors to assess the potential profitability of a short-term rental property, calculated by dividing the projected annual rental income by the monthly mortgage payment.
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The total revenue generated from short-term rental bookings before deducting any expenses such as cleaning fees, platform fees, or management fees.
The excessive reliance on automated systems and processes in short-term rental management, often at the expense of personalized service or genuine hospitality.
A website owned and operated by a host or property manager that allows guests to book stays directly, bypassing third-party platforms and…
The shortest amount of time in advance a guest is allowed to make a reservation for a short-term rental.