(Used metaphorically) A win in STR that comes at a significant cost, such as getting a booking by lowering prices so much that it barely covers expenses.
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Researching and understanding the local short-term rental market, including competitor pricing, occupancy rates, and guest demographics.
The practice of advertising a short-term rental property on multiple booking platforms simultaneously, such as Airbnb, VRBO, Booking.com, and others, to expand…
The shared responsibility of tracking income, expenses, and generating financial reports for a short-term rental, often facilitated by property management software or…
Adhering to local regulations, permits, and tax requirements associated with operating a short-term rental in a specific jurisdiction.