A third-party service that manages security deposits for short-term rentals, holding funds securely and disbursing them according to the terms agreed upon by hosts and guests.
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VbTrustee
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A booking option on some platforms where the host is guaranteed payment even if the guest cancels, often at a higher commission…
An independent professional who investigates and resolves complaints related to short-term rentals, acting as a mediator between guests, hosts, and platforms.
The continuous effort to identify, analyze, and improve existing business processes within a short-term rental operation to enhance efficiency and profitability.
Marketing strategies that encourage guests to share their positive experiences and promote a rental property through word-of-mouth.