The financial return generated by a short-term rental property, calculated by dividing the net rental income by the property’s value or investment cost.
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A system that allows guests to access a property without a physical key, often using a code, app, or smart lock.
A pricing strategy used during periods of lower demand for short-term rentals, often involving discounted rates to attract bookings.
A metric tracked by Airbnb and VRBO that measures how quickly and consistently hosts respond to inquiries and booking requests.
A collection of medical supplies and equipment for treating minor injuries, recommended for short-term rentals to provide guest safety and convenience.