The practice of paying close attention to small but important aspects of short-term rental management and hosting, such as providing thoughtful amenities, ensuring cleanliness, and responding promptly to guest inquiries.
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The fluctuation in demand and pricing for vacation rentals based on time of year, holidays, and local events.
A detailed list of cleaning procedures that must be followed between guest stays to ensure a high level of cleanliness and sanitation.
Significant and impactful revenue milestones achieved in short-term rental operations, marking periods of substantial growth or profitability.
A type of mortgage where the interest rate fluctuates based on market conditions. This can impact short-term rental owners who use mortgages…