The percentage of time a short-term rental property is booked and occupied by guests. Higher occupancy rates generally translate to increased revenue, but achieving optimal occupancy requires balancing pricing, marketing, and seasonality.
You may also like
A style of architecture characterized by pointed arches and ribbed vaults, sometimes found in historic short-term rentals, adding unique character and charm.
Implementing and strictly enforcing a zero-tolerance policy for rule violations, ensuring a safe and respectful environment for both guests and neighbors.
Complimentary wireless internet access provided to guests in a short-term rental property, considered an essential amenity for modern travelers.
Implementing a budgeting method where all expenses are justified and allocated from a zero base each period, ensuring efficient financial management and…