The percentage of time a short-term rental property is booked over a specific period. A higher occupancy rate generally indicates greater profitability.
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A reservation made outside of the Airbnb or VRBO platforms, potentially through direct contact with the host or a property manager’s website.
A property situated in a remote or secluded area, offering privacy and tranquility.
Adherence to all applicable laws, regulations, and tax requirements related to operating short-term rentals, including licensing, permits, and income reporting.
A feature on Airbnb and VRBO that allows guests to book a short-term rental property immediately without requiring host approval.