An estimate of the potential rental income a short-term rental property can generate over a specific period, considering factors like occupancy rates, average daily rates, and expenses.
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Providing pre-portioned amenities like coffee, sugar, or toiletries can help manage costs and minimize waste in short-term rentals.
The principle that roughly 80% of effects come from 20% of causes. In short-term rentals, this can apply to understanding which 20%…
The phenomenon where urban areas experience higher temperatures than surrounding rural areas, potentially impacting guest comfort and energy consumption in short-term rentals.
A continuous improvement cycle used in short-term rental management to analyze data, implement changes, and track results for optimization.