The practice of allocating a portion of short-term rental profits back into the business, such as property improvements, marketing, or guest experience enhancements.
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The process of verifying the identity and assessing the suitability of potential guests before confirming a booking, often involving background checks, reviews…
A property management software or platform designed with an easy-to-use interface, simplifying tasks for both hosts and guests.
A type of trust used for estate planning purposes that cannot be modified or revoked by the grantor (creator) once it is…
A tax applied to commercial properties, which may include short-term rentals in certain jurisdictions. Hosts should be aware of their local tax…