A projection of the percentage of time a short-term rental property is expected to be booked over a specific period.
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A measure of a short-term rental property’s profitability, calculated by subtracting operating expenses from revenue, excluding debt service and income taxes.
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The maximum capacity of a short-term rental that comfortably accommodates four guests overnight, typically with two beds or sleeping arrangements.
The specified date and time when a rental quote provided to a potential guest is no longer valid, encouraging timely booking decisions.