A comprehensive record of all expenses incurred in a year related to a short-term rental property, including mortgage payments, utilities, maintenance, and supplies.
Menu
Glossary Term: Short-Term Rental
247 posts
A yearly assessment of a short-term rental property’s performance, including financial analysis, guest feedback review, and identification of areas for improvement.
Insurance coverage specifically designed for short-term rental properties, protecting against liabilities, property damage, and loss of income.
A broad term encompassing various types of lodging options beyond traditional hotels, including short-term rentals, vacation rentals, and serviced apartments.
The total income generated by a short-term rental property from guest bookings within a year, excluding any expenses or fees.
A legal contract where a property owner appoints a property manager or management company to act as their agent in managing and renting out their short-term rental property.
The specified length of time for which a short-term rental agreement is valid, typically ranging from a few days to several months.