A measure of the profitability of a short-term rental property, calculated as the annual rental income divided by the property value, expressed as a percentage.
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Using a combination of letters and numbers to create unique identifiers for properties, often employed by property managers with large portfolios to…
A key performance indicator (KPI) in short-term rental management, representing the percentage of time a property is booked over a specific period.
Online platforms like Airbnb and VRBO that cater to a large volume of tourists seeking short-term accommodations.