Refers to a traditional business with a physical location, as opposed to an online-only business. In the context of short-term rentals, it can refer to a property management company with a physical office.
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A legally binding contract outlining the responsibilities and obligations of both the property owner and the property manager.
Software or websites that allow hosts and property managers to compare pricing and occupancy data from different platforms like Airbnb and VRBO.
A collaborative group formed by industry stakeholders, government agencies, and community representatives to address issues related to short-term rentals.
A reimbursement issued to a guest through the Stripe platform, typically in case of cancellations, booking changes, or security deposit returns.