The total revenue generated by a short-term rental property in a year, before deducting any expenses.
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Adjusting pricing for short-term rentals during periods of lower demand to attract bookings and maximize occupancy.
A measure of a short-term rental property’s profitability, calculated by subtracting operating expenses from revenue, excluding debt service and income taxes.
Amenities explicitly listed and promised by the host in their listing description or pre-booking communication.
The process of compiling and analyzing financial data related to short-term rental activity over a year, including income, expenses, and taxes, often…