The fluctuation in demand for short-term rentals throughout the year, influenced by factors like holidays, events, and weather patterns.
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An official document issued by local authorities granting permission to use a property for short-term rentals in compliance with zoning regulations.
Researching and understanding the local short-term rental market, including competitor pricing, demand trends, and seasonal fluctuations, to optimize pricing and occupancy.
The base rate charged to guests for each night of their stay at a short-term rental property.
Insurance or legal services that protect landlords and property managers from financial losses due to non-paying guests or eviction-related expenses.