A measure of the profitability of a rental property, calculated by dividing the annual net income by the total investment and expressing the result as a percentage.
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Highlights the value of having in-depth knowledge of the local area, including attractions, restaurants, and hidden gems, to enhance the guest experience.
A dedicated website created by a host or property manager to accept direct bookings from guests, bypassing third-party platforms.
Collaborating with local businesses or brands to provide guests with exclusive discounts or experiences, enhancing the rental’s appeal and generating additional revenue…
A device that detects the presence of people within a property, used for purposes like automating energy savings or monitoring occupancy limits.