A metric calculating the annual rental income as a percentage of the property’s value, indicating the profitability of a short-term rental investment.
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Implementing eco-friendly practices to minimize the environmental impact of short-term rentals, such as using energy-efficient appliances, promoting recycling, and conserving water.
Crafting clear, concise, and guest-friendly house rules that outline expectations for guest behavior while respecting their comfort and privacy.
A hypothetical term referring to a pricing strategy that leverages data and artificial intelligence to optimize rental rates. Dynamic pricing is crucial…
The practice of maintaining consistent pricing for vacation rentals across all online travel booking channels (OTAs) like Airbnb, VRBO, and Booking.com.