A measure of the profitability of a rental property, calculated as the annual rental income divided by the property value.
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A legal permit required by many jurisdictions to operate a short-term rental business, ensuring compliance with local regulations and tax obligations.
The growing trend of consumers prioritizing experiences over material possessions. Short-term rentals, especially those in unique locations or with curated local experiences,…
The percentage of time a short-term rental property is booked and occupied by paying guests over a specific period, indicating the property’s…
Implementing strategies to maximize the number of booked nights for your rental property, such as dynamic pricing and promotional offers.