A type of trust where the assets are permanently placed under the trust’s control and cannot be modified or revoked by the grantor (the original owner) without the beneficiary’s consent. Sometimes used for asset protection in short-term rental ownership.
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The broader economic ecosystem encompassing short-term rental platforms, property management services, and related businesses that facilitate home sharing.
The process of researching and identifying suitable properties for short-term rental investments based on factors like location, market demand, and profitability.
Software solutions designed to streamline and automate various aspects of short-term rental management, including bookings, guest communication, cleaning schedules, and financial reporting.
A revenue management strategy that focuses on maximizing rental income by optimizing pricing, occupancy rates, and operational efficiency.