A metric used to evaluate the profitability of a short-term rental investment, calculated as the net income generated divided by the total investment cost, expressed as a percentage.
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Temporary disruptions in utility services (e.g., power outages, water shut-offs) that can impact guest comfort and require prompt attention.
Software solutions specifically designed for managing short-term rentals, encompassing tasks like booking automation, guest communication, and property maintenance.
A separate charge added to the nightly rate for access to shared amenities like pools, gyms, or Wi-Fi.
Insurance coverage that protects hosts from financial responsibility in case of guest-related incidents or damages. This type of protection can provide peace…