The profit generated from a short-term rental property after deducting all operating expenses, including cleaning fees, property management fees, and platform commissions, from the rental income.
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The shared responsibility of optimizing pricing strategies, analyzing market trends, and maximizing rental income for a short-term rental, often undertaken by property…
The percentage of time a short-term rental property is booked over a specific period, indicating its popularity and revenue potential.
A contract that provides coverage for repairs or replacements of appliances in a short-term rental property, protecting hosts from unexpected expenses.
A property management software or platform designed with an easy-to-use interface, simplifying tasks for both hosts and guests.