A realistic RevPAR that a short-term rental can achieve based on its attainable occupancy rate and attainable average daily rate (ADR).
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The process of compiling income and expenses related to short-term rental activities for accurate tax filing, often involving specific forms and deductions.
The strategic approach of maximizing rental income by adjusting pricing, availability, and marketing efforts based on factors like demand and seasonality.
Hungarian term for “Amenities,” referring to the facilities and services provided at a short-term rental property to enhance guest comfort and satisfaction.
Websites created by short-term rental owners or managers to allow guests to book directly, bypassing third-party platforms and their associated fees.