A financial metric used to evaluate the profitability of a rental property, calculated as the annual pre-tax cash flow divided by the total cash invested.
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The process of identifying and procuring high-end amenities and furnishings to elevate the guest experience and justify premium pricing.
Multiple sources of income generated from a short-term rental property, beyond nightly rates, such as cleaning fees, extra guest charges, or offering…
The integration of smart bulbs or lighting controls that allow guests to adjust lighting ambiance, set schedules, or remotely control lights for…
The shortest period a guest can book a short-term rental for, often varying by season or demand.