The financial return generated by a short-term rental property, calculated by dividing the net rental income by the property’s value or investment cost.
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The percentage of rental income charged by a property manager or platform for their services.
The process of implementing strategies to maximize revenue from a short-term rental, such as dynamic pricing, targeted marketing, and offering additional services.
Digital documents or emails provided to guests upon booking confirmation, containing essential information about the property, amenities, and local area.