A situation in the short-term rental market where the number of available listings decreases, potentially leading to increased competition and higher prices.
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A metric used by investors to assess the potential profitability of a short-term rental property, calculated by dividing the projected annual rental…
A record of all interactions and communications with guests, including inquiries, booking confirmations, and issue resolutions.
A high, arched ceiling often found in living rooms or bedrooms, adding a sense of spaciousness and grandeur to a short-term rental…
The process of tracking, analyzing, and reporting financial data related to short-term rental properties. This includes income, expenses, profits, and losses.