The act of making a reservation for a vacation rental property. This can be done directly through the property owner or manager or through an online booking platform.
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A metric calculating the annual rental income as a percentage of the property’s value, indicating the profitability of a short-term rental investment.
Strategies and practices aimed at minimizing the time and resources required between guest bookings, maximizing occupancy rates and revenue.
A legally binding contract between a buyer and a seller that outlines the terms and conditions for the purchase of a property,…
A realistic average daily rate that a short-term rental can achieve in a given market, considering factors like property size, amenities, location,…