The revenue generated by a short-term rental property owner or manager after deducting expenses such as cleaning fees, platform fees, and property maintenance.
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Glossary Term: Fees
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The terms and conditions outlining the consequences for both hosts and guests in the event of a booking cancellation, including potential fees and refunds.
A percentage of the booking revenue charged by property management companies or platforms like Airbnb and VRBO for their services.
The different tiers or levels of commission fees that a property management company might charge based on factors like booking volume or property type.
A fee charged by payment processors for each transaction made using a credit card. This fee is typically a percentage of the transaction amount plus a fixed fee per transaction.
A separate charge added to the nightly rate for access to shared amenities like pools, gyms, or Wi-Fi.