A measure of the profitability of a short-term rental property, calculated by subtracting operating expenses from revenue.
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The positive economic impact generated by short-term rentals on local communities. This includes supporting local businesses, creating job opportunities in hospitality and…
The process of guests reserving a short-term rental property for a future date. Advance booking trends and lead times can vary depending…
The overall effectiveness and efficiency of a short-term rental business’s processes in consistently delivering high-quality guest experiences and achieving business objectives.
The terms and conditions outlining the consequences for both hosts and guests in the event of a booking cancellation, including potential fees…