Refers to the self-service nature of short-term rentals, where guests typically access the property and manage their stay without interacting with a traditional front desk.
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Recurring costs associated with running a short-term rental, including utilities, cleaning fees, property management fees, and maintenance expenses.
The common needs, wants, and preferences of guests staying in short-term rentals, including cleanliness, comfort, convenience, and communication.
The system and methods used to process payments from guests booking short-term rentals, including security deposits, cleaning fees, and rental payments.
A measure of the profitability of a rental property, calculated as the annual rental income divided by the property value.