A predetermined amount deducted from a security deposit or rental income to cover the normal depreciation of property and furnishings due to guest use.
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A metaphorical term representing the intangible aspects of a short-term rental experience, such as the overall ambiance, host communication, and guest satisfaction.
Handling all aspects of short-term rental management directly by the property owner, without using a property management company. Offers greater control but…
A plan for setting competitive and profitable rental rates for a short-term rental property based on factors like seasonality, demand, and competition.
The significant increase in short-term rental bookings, prices, and revenue experienced in host cities during the Olympic Games.