A booking policy that allows guests to cancel their reservation and receive a full or partial refund within a specified timeframe, providing greater flexibility and peace of mind for travelers.
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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.
A type of online advertising that blends in with the surrounding content on platforms like social media or travel blogs, promoting short-term…
The total income generated from short-term rental bookings during a three-month period, typically used to track financial performance and seasonal trends.
Business models where individuals can purchase the right to operate a short-term rental management business under an established brand and system.