A key performance indicator (KPI) in the hospitality industry that measures the revenue generated per available rental unit, calculated as average daily rate multiplied by occupancy rate.
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Understanding and fulfilling your tax obligations related to short-term rental income, including lodging taxes, income taxes, and business taxes.
Digital platforms and software designed to streamline and enhance communication between hosts and their guests. These tools often include automated messaging, booking…
A document signed by guests authorizing the host to charge their credit card for incidentals, damages, or extra services.
The practice of using market data, rental analytics, and pricing tools to estimate the potential profitability of a short-term rental property.