A metric used to measure the financial performance of a short-term rental property, calculated as the annual rental income divided by the property value.
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A check-in process where guests meet the host or a representative at a location other than the rental property, such as a…
The recurring costs associated with running a short-term rental, including cleaning fees, property management fees, utilities, and maintenance.
The positive economic impact generated by short-term rentals on local communities. This includes supporting local businesses, creating job opportunities in hospitality and…
In the context of short-term rental management, breakage refers to revenue lost due to cancellations, guest no-shows, or other unforeseen circumstances.