The process of calculating the profitability of a short-term rental property by measuring the financial returns (rental income, appreciation) against the investment costs (mortgage, maintenance, fees).
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An online platform that facilitates the booking of accommodations, such as Airbnb and VRBO. Ebooking platforms connect hosts with potential guests and…
The mathematical formula used to determine the dwell ratio, dividing the average property purchase price by the average annual rental income.
The process of comparing the performance of a short-term rental property against competitors or industry averages to identify areas for improvement.
A promotional strategy where hosts offer free stays, discounts, or other incentives to attract guests, boost bookings, and increase visibility.