Using historical booking data, current market trends, and seasonal factors to project potential rental income on a weekly basis, aiding in financial planning and investment decisions.
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Expenses that remain relatively constant regardless of occupancy rates, such as mortgages, property taxes, and insurance. Understanding fixed costs helps hosts determine…
A feature on Airbnb and VRBO that allows guests to book a short-term rental instantly, without waiting for host approval.
Local laws and regulations governing short-term rentals, including requirements for permits, licenses, taxes, and operational guidelines.
The promotion of a short-term rental property through recommendations and referrals from satisfied guests, often leading to increased bookings and brand loyalty.