The essential systems that provide water, electricity, gas, and waste disposal services to a short-term rental property.
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Glossary Term: Utilities
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Professional assessments of a property’s energy and water consumption patterns to identify areas for improvement and cost savings.
Regularly tracking and analyzing utility consumption data to identify trends, anomalies, and potential areas for optimization.
A pricing strategy where the rental rate includes all utility costs, simplifying the booking process for guests.
A charge imposed on guests if their utility usage exceeds a predetermined threshold or allowance during their stay.
A detailed itemization of individual utility expenses (e.g., electricity, water, gas) for a specific period, such as a month or a guest’s stay.
Connections provided at an RV park or campsite for essential utilities, typically including electricity, water, and sewer.
Essential services such as electricity, gas, water, and sewage that are typically provided by local government agencies or private companies to short-term rental properties.
The recurring costs associated with running a short-term rental, including cleaning fees, property management fees, utilities, and maintenance.
The expenses incurred in the day-to-day running of a short-term rental property, excluding major renovations or capital expenditures.
The ongoing expenses associated with running a short-term rental business, excluding the cost of acquiring the property. This includes items like utilities, maintenance, and property management fees.
The costs associated with providing essential utilities at a short-term rental property, including electricity, gas, water, sewage, and internet, which are typically factored into the rental price or charged separately.