Hostpartner Research Library

Short-term rental profitability, explained with transparent formulas.

Practical guides to revenue, service fees, operating costs, margin, occupancy, ADR and RevPAR without confusing sales with profit.

Updated September 2026

33 practical guides · Excel (.xlsx) · 1–7 properties

Read the methodology ↓
33 guides in English

A connected profitability series

Start with profit, trace its costs, then use commercial metrics to explain the result.

01ProfitabilityHow to calculate short-term rental profitability — without confusing it with revenue8 min read02Operating profitHow much does an Airbnb really make after expenses?8 min read03ExpensesShort-term rental expenses: what to track to know if your property is profitable7 min read04ADRADR for short-term rentals: definition, formula and interpretation6 min read05RevPARRevPAR for short-term rentals: why it completes the ADR picture6 min read06OccupancyHow to calculate your Airbnb occupancy rate correctly5 min read07Booking profitabilityAirbnb profit per stay: calculate what each booking contributes5 min read08Portfolio performanceHow to compare profitability across multiple vacation rentals5 min read09ExcelAirbnb income and expense Excel template: what to track and how to structure it5 min read10Monthly reportingAirbnb dashboard: 10 metrics to review every month6 min read11Operating marginVacation rental profit margin: how to calculate what you actually keep6 min read12Revenue and profitAirbnb revenue vs profit: why earning more can leave you with less6 min read13Turnover costsAirbnb cleaning costs: how turnover changes your profit per night6 min read14Cleaning feeAirbnb cleaning fee vs actual cost: are you covering the turnover?6 min read15Length of stayShort vs longer Airbnb stays: compare profit, not just occupancy6 min read16Airbnb service feesAirbnb's 15.5% fee applies to your cleaning fee too — and most hosts have not repriced it9 min read17Airbnb pricing formulaHow much should you raise your Airbnb price for the new host fee? Use the right formula9 min read18Confirmed bookingsWhich Airbnb fee applies to bookings confirmed before the account changed?8 min read19Monthly reviewHow to close a vacation rental month without confusing payouts and profit5 min read20Reporting periodsA stay crosses month-end: which month should receive the nights and revenue?5 min read21AvailabilityHow blocked nights change Airbnb occupancy without adding a single booking5 min read22Portfolio controlHow to calculate portfolio occupancy, ADR and margin without averaging percentages5 min read23Planning and reviewBudget versus actual: explain why your rental kept less than planned5 min read24DIAGNOSISAirbnb bookings down? Check these four numbers before you cut your price8 min25BREAK-EVENBreak-even occupancy: how many nights your rental must sell, and your minimum price this winter8 min26CHANNEL COSTSAirbnb vs Booking.com vs Vrbo in 2026: what each channel really costs you per booking9 min27OWNERS & MANAGERSIs your property manager worth the fee? How to audit an owner statement in 30 minutes9 min28OWNERS & MANAGERSCo-host and manager commission after Airbnb's 15.5% fee: which base should the percentage use?7 min29STRATEGYShort-term or mid-term this winter? Compare what each one keeps, not the rent8 min30COSTSGuest damage and replacements: why AirCover is not a budget line7 min31SPAIN · REGULATIONSpain's proposed 10% VAT on holiday lets: what it does to your margin before 1 December8 min32PRICINGWhat a discount really costs: Genius, weekly and last-minute discounts in profit terms7 min33DECISIONIs your short-term rental still worth it? A 30-minute annual review before you renew, switch or sell9 min
Editorial methodology

Every number should be reproducible.

We separate commercial performance, booking contribution and operating profit. External sources support definitions; worked examples explain the calculation.

01

Define

State what each measure includes and excludes.

02

Calculate

Show the formula and a reproducible example.

03

Interpret

Connect the result to a decision without promising income.

From reading to analysis

Apply the formulas to your own records.

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