The recognition that building relationships with both guests and the local community is essential for long-term success in short-term rental management.
Axiom of Community
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Axiom of Community
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The percentage of time a short-term rental property is booked over a specific period, indicating the property’s performance and revenue potential.
A type of short-term rental where guests have exclusive access to an entire property, including all living spaces, bedrooms, and amenities.
Adhering to all applicable local laws, regulations, and tax requirements related to short-term rentals.
The practice of clearly distinguishing between various room types in a rental property through descriptions, photos, and pricing.