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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A legally binding contract between a property owner and a property manager, outlining the terms of service and responsibilities of both parties.
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The process of translating property descriptions, amenities, and other listing details into multiple languages to attract a wider international audience.
A comprehensive plan for setting rental rates based on factors like demand, seasonality, competition, and property amenities to maximize occupancy and revenue.