The use of natural sounds, such as wind chimes or recordings of ocean waves, to create a relaxing and immersive atmosphere in short-term rentals.
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A realistic RevPAR that a short-term rental can achieve based on its attainable occupancy rate and attainable average daily rate (ADR).
The expected deterioration and damage that occurs to a property over time due to normal use by guests, considered a standard operating…
The shortest duration for which a host is willing to accept a booking, often varying by season or demand.
Specific lending criteria and considerations for obtaining a mortgage on a property intended for use as a short-term rental.