The total revenue generated from short-term rental bookings during the third quarter, minus all expenses incurred, including cleaning fees, management fees, and taxes.
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A comprehensive plan that outlines all aspects of managing a vacation rental business. This includes setting financial goals, developing marketing strategies, establishing…
A dynamic pricing strategy that adjusts rates based on the frequency of bookings within a specific time period, often used to maximize…
Stands for “Short-Term Vacation Software Integration,” denoting the seamless connection between different software systems used in short-term rental management, such as property…
A feature that allows guests to book a listing instantly without requiring host approval, streamlining the booking process and potentially increasing reservations.