A reservation system where guests can book any available dates without requiring host approval, often seen on platforms like Airbnb and VRBO.
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Open Booking
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The percentage of time a rental property is booked over a specific period, a key metric for revenue management.
A term often used to describe the central business district of a city, frequently a desirable location for short-term rentals due to…
An accountant or tax advisor specializing in short-term rental income and expenses, providing guidance on tax obligations, deductions, and compliance.
Research and evaluation of factors influencing the short-term rental market in a specific location, including supply and demand, seasonal trends, competitor analysis,…