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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Detailed procedures for cleaning and sanitizing rental properties between guest stays, ensuring a hygienic and welcoming environment.
Local regulations or HOA rules that restrict the maximum number of guests allowed to stay overnight in a short-term rental property.
The practice of maintaining consistent rental rates across all distribution channels, such as Airbnb, VRBO, and direct bookings.
The process of researching and comparing similar short-term rental properties in the same market to understand pricing trends, occupancy rates, and guest…