The process of calculating the profitability of a short-term rental property by measuring the financial returns (rental income, appreciation) against the investment costs (mortgage, maintenance, fees).
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A revenue management strategy that focuses on maximizing rental income by optimizing pricing, occupancy rates, and operational efficiency.
A collaborative approach where short-term rental hosts establish mutually beneficial relationships with local businesses to enhance guest experiences and generate referrals.
Activities, tours, or recommendations provided by hosts to enhance guests’ stay by connecting them with local attractions, restaurants, and culture.
A term used to describe a couple who jointly manage and host guests at a short-term rental property.