Expenses that remain relatively constant regardless of occupancy rates, such as mortgages, property taxes, and insurance. Understanding fixed costs helps hosts determine profitability.
Fixed Costs
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Expenses that remain relatively constant regardless of occupancy rates, such as mortgages, property taxes, and insurance. Understanding fixed costs helps hosts determine profitability.
A pricing model where the nightly rate includes all fees and charges, such as cleaning fees, service fees, and taxes, providing transparency…
The process of addressing negative reviews from guests in a professional and constructive manner to mitigate damage to reputation and demonstrate responsiveness.
The predictable fluctuations in travel demand throughout the year, influenced by factors like holidays, school schedules, weather patterns, and special events. Understanding…
A desirable feature in short-term rentals, offering guests attractive outdoor vistas like mountains, oceans, cityscapes, or natural landscapes, often commanding higher rental…
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