The profit generated from a short-term rental property after deducting all operating expenses, including cleaning fees, property management fees, and platform commissions, from the rental income.
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A pricing strategy where the nightly rate for a short-term rental fluctuates based on factors like demand, seasonality, or length of stay.
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The organic promotion of a short-term rental business through positive guest reviews, recommendations, and referrals, leveraging guest satisfaction to drive future bookings.