The percentage of time a short-term rental property is booked over a specific period, representing the optimal balance between maximizing revenue and avoiding excessive vacancy.
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The practice of maintaining consistent pricing for short-term rental properties across all distribution channels, including online travel agents (OTAs) and direct bookings….
A virtual representation of a short-term rental property’s layout, typically created using software or apps. These plans provide potential guests with a…
A legally binding contract between the property owner/manager and the guest, outlining the terms and conditions of the stay.
Expenses incurred for the upkeep, repairs, and regular maintenance of a short-term rental property.