The minimum amount of income a host needs to generate from their short-term rental to meet their financial goals or obligations.
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A property that is available for short-term rentals throughout the entire year, with no extended periods of unavailability.
The practice of optimizing pricing and availability to maximize revenue from short-term rental properties.
Implementing techniques and tactics to increase revenue per available rental night, including dynamic pricing, minimum stay requirements, and upselling.
A booking where the guest has made a reservation but has not yet completed the booking process, such as providing payment information.