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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The specific group of travelers a host or property manager focuses on attracting to their short-term rental. Defining a target market helps…
A property management software or platform designed with an easy-to-use interface, simplifying tasks for both hosts and guests.
The normal deterioration of a rental property that occurs over time due to everyday use, such as faded paint, worn carpets, or…
The practice of logging miles driven for business purposes, such as property visits or guest communication, for tax deductions.