A legally binding contract between a host and guest that outlines the terms and conditions of a short-term rental stay, including rental duration, payment terms, and house rules.
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The expenses incurred in the day-to-day running of a short-term rental property, excluding major renovations or capital expenditures.
The cleanliness and hygiene protocols and standards implemented for cleaning and maintaining short-term rental properties between guest stays.
In the context of short-term rental management, breakage refers to revenue lost due to cancellations, guest no-shows, or other unforeseen circumstances.