Providing extra amenities or experiences for a fee, like airport transportation, grocery delivery, or guided tours, to enhance guest satisfaction and generate additional income.
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A type of mortgage where the interest rate fluctuates based on market conditions. This can impact short-term rental owners who use mortgages…
The practice of tracking and updating the availability of short-term rental properties on a daily basis, ensuring accurate booking calendars and preventing…
A financial document provided by a property manager to the owner, outlining all income generated and expenses incurred for a specific period,…
Upgrades or renovations made to a short-term rental property based on feedback, suggestions, or common requests from previous guests.