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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Adhering to all applicable local laws, regulations, and tax requirements related to short-term rentals.
A phrase often used in short-term rental listings to highlight a luxurious or well-appointed suite or apartment.
The percentage of time a short-term rental property is booked over a specific period. A high occupancy rate indicates strong demand and…
Implementing strategies to encourage guests to leave positive reviews on TripAdvisor, such as providing exceptional service, requesting feedback, and offering incentives.