A partnership between two or more parties to develop and operate a property specifically designed or optimized for short-term rentals, sharing risks and rewards.
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A metric that indicates the percentage of time a rental property or specific room is booked over a given period.
The process of compiling and analyzing financial data related to short-term rental activity over a year, including income, expenses, and taxes, often…
The importance of open and honest communication, accurate property descriptions, and fair pricing practices in fostering trust with potential guests.
Actively monitoring and responding to guest reviews, resolving issues promptly, and building a strong online reputation to attract future bookings.