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
by admin|Published
Expenses that remain relatively constant regardless of occupancy rates, such as mortgages, property taxes, and insurance. Understanding fixed costs helps hosts determine profitability.
The automated process of updating calendar availability, rates, and booking details across multiple OTAs in real-time to prevent double bookings.
(Derived term) Setting unrealistic expectations in STR, such as expecting full occupancy year-round, can lead to disappointment and frustration. It’s crucial to…
Furniture and decor that incorporate light or give the illusion of light, often used to enhance ambiance in short-term rentals.
Strategies and tactics employed during periods of lower demand to attract bookings, such as offering discounts, running promotions, or targeting specific guest…
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