A standardized test designed to measure intelligence. While not directly related to short-term rentals, having strong problem-solving and analytical skills is valuable for managing bookings, guest communication, and property maintenance.
A pre-defined agreement outlining the roles and responsibilities of property owners, co-hosts, or property managers in handling repairs and upkeep of a short-term rental.
A legal doctrine requiring landlords, including short-term rental hosts, to provide a safe and livable dwelling, even without explicitly stating so in a lease agreement.
A comprehensive list used by hosts or property managers to ensure a short-term rental is clean, safe, and well-maintained before guest arrival and after guest departure.
Implementing measures to ensure the consistent quality of the guest experience, including regular property inspections, guest feedback surveys, and standardized procedures.
Minimizing periods of unavailability for short-term rentals by streamlining operations, having backup plans in place, and ensuring quick turnaround times between bookings.
The expected deterioration and damage that occurs to a property over time due to normal use by guests, considered a standard operating expense in short-term rentals.
The established criteria and guidelines for maintaining a certain level of quality and consistency across all aspects of the short-term rental experience, ensuring guest satisfaction and positive reviews.