A measure of a short-term rental property’s profitability, calculated by subtracting operating expenses from revenue, excluding debt service and income taxes.
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A short and easily accessible adventure or experience that can be enjoyed in a short amount of time, often promoted by short-term…
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The period of the year when tourist activity and demand for short-term rentals are at their lowest, typically characterized by lower pricing…
The process of extending a short-term rental agreement for an additional period, often subject to renegotiated terms.