Developing plans to mitigate the impact of unexpected events like power outages, internet disruptions, or natural disasters on guest stays.
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Glossary Term: Contingency Planning
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Risks associated with political instability, terrorism, or other events that can impact travel and tourism. Short-term rental hosts and property managers should be aware of geopolitical risks in their area and have contingency plans in place.
A documented plan outlining procedures and responsibilities in case of emergencies or unforeseen situations affecting the property or guests.