In the context of short-term rentals, this refers to periods when a property is vacant and not generating revenue between bookings.
You may also like
The measurement of a property’s usable living space, expressed in square feet. This is a crucial factor for determining listing prices and…
Laws, ordinances, and guidelines set by local authorities that govern short-term rentals in a specific area, including permits, taxes, and occupancy limits.
Strategies and techniques used to maximize the occupancy rate of a short-term rental property, such as adjusting pricing, using multiple booking channels,…
The increasing popularity of traveling to and staying in rural areas, often driven by a desire for unique experiences, nature immersion, and…