A type of mortgage where the interest rate fluctuates based on market conditions. This can impact short-term rental owners who use mortgages to finance their properties, as fluctuating interest rates can affect profitability.
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Tailoring the guest experience to individual preferences, such as providing local recommendations, welcome gifts, or accommodating special requests.
The process of extending a short-term rental agreement for an additional period, often subject to renegotiated terms.
Legal requirements in some jurisdictions for landlords to verify the immigration status of tenants, including short-term rental guests, to ensure they have…
A budget-friendly hotel chain that can serve as a benchmark for pricing competitively in the short-term rental market.