A measure of the profitability of a short-term rental property, calculated as the annual rental income divided by the property value, expressed as a percentage.
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Outdoor areas of a short-term rental property that are watered using an irrigation system. Maintaining a healthy and attractive landscape can enhance…
A property owner who does not reside at the rental property and rents it out entirely to guests.
Local tips, restaurant suggestions, activity recommendations, and other helpful information provided by the host to enhance guests’ experiences.
Key performance indicators (KPIs) used to track the success and profitability of a short-term rental business. These include metrics like occupancy rate,…