The estimated market worth of a short-term rental property, influenced by factors like location, condition, amenities, and rental income potential.
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Analyzing booking patterns and occupancy rates within a specific geographic area to inform pricing, marketing, and property acquisition decisions for short-term rentals.
The process of tracking, analyzing, and reporting on the financial performance of a short-term rental property, including revenue, expenses, and profitability.
A documented plan outlining procedures and responsibilities in case of emergencies or unforeseen situations affecting the property or guests.
Refers to the seamless integration between a property management system (PMS) and online travel agents (OTAs) like Airbnb and VRBO, enabling real-time…