The amount of time between when a guest makes a reservation and the actual check-in date. Understanding booking lead time helps hosts forecast demand and adjust pricing strategies.
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A hypothetical example of a local occupancy tax specific to Oquawka, Illinois. Short-term rental hosts in this area would be responsible for…
A software solution that centralizes communication with guests, allowing property managers to send automated messages, answer inquiries, and manage reviews.
A refundable fee collected from guests before their stay to cover potential damages to the property beyond normal wear and tear.
Implementing measures to protect the property from potential damages, such as requiring security deposits, offering damage waivers, or utilizing property monitoring systems.