The charges imposed by property management companies or individuals for overseeing the day-to-day operations of a short-term rental.
Menu
Glossary Term: Fees
30 posts
Legal contracts outlining the terms and conditions of service between short-term rental owners and property management companies, specifying responsibilities, fees, and expectations.
A charge imposed on guests if their utility usage exceeds a predetermined threshold or allowance during their stay.
Advantages of securing bookings directly through a host’s website or channels, such as lower fees and increased control over pricing and communication.
A fee charged by platforms like Airbnb and VRBO to hosts for each booking made through their platform, usually calculated as a percentage of the booking amount.
A charge levied on overnight visitors by local governments or tourism boards, often added to the cost of accommodation and used to fund tourism-related services.
The complete amount a guest pays for their stay in a short-term rental, including the nightly rate, cleaning fees, taxes, and any other applicable charges.
Guidelines outlining the terms and conditions for hosting events like parties, weddings, or gatherings at a short-term rental, often including restrictions, fees, and liability waivers.
Utilizing QuickBooks to create professional and customized quotes for potential guests inquiring about short-term rental bookings, outlining pricing, fees, and terms for their stay.
The system by which short-term rental platforms and property managers handle secure financial transactions between guests and hosts, including booking payments, security deposits, and any additional fees.
A legally binding contract outlining the terms of service and responsibilities between a short-term rental property owner and a property manager.