Specific metrics used within QuickBooks to track the financial health and performance of a short-term rental business, such as Occupancy Rate, Average Daily Rate (ADR), and Revenue Per Available Rental (RevPAR).
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The percentage of time a vacation rental is booked over a specific period, indicating its popularity and profitability.
Strategies and practices used to eliminate or neutralize unpleasant smells in a short-term rental property, ensuring a fresh and welcoming environment for…
Collaborating with local businesses, such as restaurants, tour operators, and transportation providers, to offer guests exclusive discounts and experiences.
Refers to using rental income from platforms like Airbnb and VRBO to finance travel expenses for personal trips and vacations.