An abbreviation for “Short-Term Vacation Contract Fee,” it represents the compensation paid to a short-term rental management company for their services, typically calculated as a percentage of the rental income generated.
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The practice of displaying an excessive number of plaques, awards, or certifications in a short-term rental, potentially appearing cluttered or overwhelming to…
A Spanish word expressing hope or desire, often used by hosts and guests in reviews and communication to convey positive sentiments about…
A professional designation for individuals who have demonstrated knowledge and expertise in the field of short-term rental management and operations.
The actual price paid to acquire a property, including closing costs and other associated expenses. This is a crucial factor in calculating…