A type of mortgage where the interest rate fluctuates based on market conditions. This can impact short-term rental owners who use mortgages to finance their properties, as fluctuating interest rates can affect profitability.
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A marketing approach for short-term rentals that leverages time-limited offers, promotions, and content to create a sense of urgency and encourage bookings.
Direct costs associated with providing short-term rental services, such as cleaning supplies, toiletries, and utilities, used to calculate profitability.
The fluctuating balance between the availability of short-term rentals (supply) and the number of guests seeking accommodations (demand), influencing pricing and occupancy…
The charges imposed by property management companies or individuals for overseeing the day-to-day operations of a short-term rental.