A metric used by investors to assess the potential profitability of a short-term rental property, calculated by dividing the projected annual rental income by the monthly mortgage payment.
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Local laws and regulations governing short-term rentals, often including permits, occupancy limits, and safety requirements.
The percentage of website visitors who book a short-term rental after visiting the property listing on the host’s website.
A rental property equipped with essential furniture, appliances, and amenities, allowing guests to stay comfortably without bringing their own.
Pre-prepared sets of questions sent to guests after booking or after their stay to gather feedback on their experience, preferences, and areas…