The strategy of generating income from multiple short-term rental properties or platforms to mitigate risk and potentially increase earnings.
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The percentage of time a short-term rental property is unoccupied over a specific period.
Tools that use algorithms and market data to dynamically adjust rental prices for maximum revenue, considering factors like seasonality, demand, and competition.
A metric used to measure the potential profitability of a short-term rental property, often calculated as the annual rental income divided by…
The use of technology to automate tasks and processes related to hosting, such as guest communication, booking management, and cleaning schedules.