A metric used to measure the financial performance of a short-term rental property, calculated as the annual rental income divided by the property value.
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A measure of the profitability of a short-term rental property, calculated by subtracting operating expenses from revenue.
The use of software and tools to automate repetitive tasks in the short-term rental management process, such as guest communication, booking management,…
Laundry appliances provided within a short-term rental, allowing guests to wash and dry their clothes during their stay, particularly convenient for longer…
Unexpected events or situations that can disrupt short-term rental operations, such as natural disasters, pandemics, or personal emergencies, requiring flexibility and contingency…