A financial contract that gives the holder the right, but not the obligation, to sell a short-term rental property at a specified price within a certain timeframe, providing a potential exit strategy.
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The degree to which a short-term rental business streamlines its operations, communication, and processes for optimal performance.
Providing pet-friendly amenities like bowls, beds, toys, and waste bags to accommodate guests traveling with pets and enhance their experience.
Hiring a third-party company or individual to handle various aspects of managing a short-term rental, including guest communication, cleaning, and maintenance.
The level of uncertainty or potential negative outcomes that guests associate with booking a short-term rental, often influenced by factors like reviews,…