Local laws and regulations governing short-term rentals, often including permits, occupancy limits, and safety requirements.
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An initial payment made when purchasing an investment property for short-term rentals, typically a percentage of the total purchase price.
An inquiry from a potential guest to receive a personalized price quote for their desired stay dates at a short-term rental.
A key performance indicator (KPI) in the hospitality industry that measures the revenue generated per available rental unit, calculated as average daily…
The shortest duration for which guests can book a short-term rental, impacting occupancy rates and cleaning schedules.