(Derived term) Setting unrealistic expectations in STR, such as expecting full occupancy year-round, can lead to disappointment and frustration. It’s crucial to set achievable and realistic goals.
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Detailed instructions provided to guests on how to access the property upon arrival, including key codes, access points, and parking information.
Assistance and support provided to guests throughout their stay, addressing their needs and resolving any issues.
A type of mortgage where the interest rate fluctuates based on market conditions. This can impact short-term rental owners who use mortgages…
A type of insurance policy that protects property owners and managers from financial losses arising from accidents, injuries, or property damage that…