Integrating technology solutions that enhance the guest experience, such as smart home devices, automated messaging, and online booking platforms.
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A tax levied on accommodations, including short-term rentals, often collected by hosts and remitted to local governments.
A discounted price offered to guests who book a short-term rental for an extended period, typically a month or longer.
A hypothetical example of a local occupancy tax specific to Oquawka, Illinois. Short-term rental hosts in this area would be responsible for…
The estimated market value of a short-term rental property as determined by a qualified appraiser, often used for financing, insurance, or investment…