The percentage of time that a rental property is booked and occupied by paying guests over a specific period, indicating the property’s popularity and revenue potential.
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Expenses incurred for the upkeep, repairs, and regular maintenance of a short-term rental property.
A pricing strategy where different rates are set based on factors like seasonality, demand, or length of stay.
The understanding that short-term rental operators must adhere to all applicable local regulations, licensing requirements, and tax obligations.
The use of natural sounds, such as wind chimes or recordings of ocean waves, to create a relaxing and immersive atmosphere in…