Additional amenities and services offered to guests to enhance their stay, such as airport transfers, grocery delivery, or local tour arrangements.
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Expenses that remain relatively constant regardless of occupancy rates, such as mortgages, property taxes, and insurance. Understanding fixed costs helps hosts determine…
The integration of smart home technology into short-term rentals, allowing for remote control of amenities like lighting, temperature, and security systems, enhancing…
Adjusting rental rates strategically during periods of lower demand, such as the off-season or weekdays, to attract more bookings and maximize occupancy.
The rapid and significant increase in the popularity and availability of short-term rentals, driven by factors such as the rise of the…