The percentage of time a short-term rental property is booked and occupied by guests over a specific period. Higher occupancy rates generally indicate greater profitability.
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Indicates that a short-term rental property is managed by a professional property management company, responsible for handling bookings, cleaning, and guest communication.
Regular upkeep and prompt repairs to ensure the property remains in excellent condition for guests and minimizes potential issues.
Software that enables property managers to manage listings, availability, bookings, and rates across multiple online travel agencies (OTAs) from a central dashboard.
A financial contract that gives the holder the right, but not the obligation, to sell a short-term rental property at a specified…