A metric used to measure the potential profitability of a short-term rental property, often calculated as the annual rental income divided by the property value.
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Byc-Yield Rate
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The legal process of ending a rental agreement or management contract prematurely, typically following specific terms and conditions outlined in the agreement.
Integrating smart devices, such as smart locks, thermostats, and lighting systems, into short-term rental properties to enhance guest experience and improve operational…
A weekly marketing campaign where hosts offer discounts or special packages on Fridays to attract weekend travelers and boost occupancy during off-peak…
The actual amount of living space within a short-term rental that is readily accessible and usable by guests, excluding unusable areas like…