Laws, rules, and guidelines set by local governments or homeowners’ associations that govern short-term rentals, including licensing, safety, and taxation.
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A comprehensive assessment of a rental property’s condition, cleanliness, and functionality, typically conducted before and after each guest stay.
Key performance indicators (KPIs) used to track the financial performance of a short-term rental, such as occupancy rate, average daily rate, and…
The strategic approach of maximizing rental income by adjusting pricing, availability, and marketing efforts based on factors like demand and seasonality.
The percentage of time a short-term rental property is booked and occupied during a given week, often used as a key performance…