Refers to the cyclical pattern of bookings a short-term rental experiences throughout the year, often influenced by seasonality, local events, and travel trends.
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Complimentary wireless internet access provided to guests in a short-term rental property, considered an essential amenity for modern travelers.
Regularly reviewing and analyzing property performance data, such as occupancy rates, average daily rates, and guest feedback, to identify areas for improvement…
A measure of a short-term rental property’s profitability, calculated by subtracting operating expenses from revenue, excluding debt service and income taxes.
A device installed in a short-term rental property to monitor noise levels and alert hosts or guests in case of excessive noise…