Using historical booking data, current market trends, and seasonal factors to project potential rental income on a weekly basis, aiding in financial planning and investment decisions.
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A charge levied by some property management companies or platforms to cover the administrative costs associated with managing a short-term rental property.
Items and services provided to enhance guest comfort and satisfaction, such as toiletries, Wi-Fi, or snacks.
Crafting compelling and accurate descriptions that highlight the property’s unique features, amenities, and benefits to attract potential guests.
A system for monitoring rental income, expenses, and financial performance of the short-term rental business, often using spreadsheets or specialized software.