The system of rules, regulations, and processes that govern the short-term rental industry, including platforms like Airbnb and VRBO.
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Governance
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Designated times, typically at night, when guests are expected to minimize noise levels out of respect for neighbors and other residents.
Providing amenities and conveniences that cater specifically to the needs, interests, and expectations of the defined target market to enhance guest satisfaction.
Adhering to all applicable local laws, regulations, and tax requirements related to short-term rentals.
A metric used in short-term rentals to measure the average length of stay for guests. Longer dwell times can indicate higher guest…