The practice of strategically setting rental rates, analyzing market demand, and adjusting pricing to maximize occupancy and profitability for short-term rentals.
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The thorough cleaning of a short-term rental property between guest stays. This typically includes laundry, sanitizing surfaces, restocking amenities, and preparing the…
The original cost of an asset, such as a property, used to calculate capital gains or losses for tax purposes. Important for…
A metric used to measure the financial performance of a short-term rental property, calculated as the annual rental income divided by the…
The practice of listing and managing a short-term rental across multiple platforms, such as Airbnb, VRBO, and Booking.com, to maximize exposure and…