Collaborating with local businesses to host temporary events or experiences at the property, enhancing guest experience and potentially attracting new bookings.
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Predicting future rental income based on historical data, market trends, and other relevant factors to inform pricing and business decisions.
A proactive plan for regular inspections, upkeep, and repairs of the rental property to prevent potential issues and ensure guest satisfaction.
The total revenue generated by a short-term rental property in a year, before deducting any expenses.
The specific group of travelers a host aims to attract with their rental property, such as families, business travelers, or budget-conscious backpackers.