A legal permit required by many local governments to operate a short-term rental business. Obtaining the necessary business licenses ensures compliance with local regulations.
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A feature offered by some property management companies or platforms that guarantees a minimum number of bookings or revenue for short-term rental…
A comprehensive approach to managing real estate assets, encompassing financial, operational, and strategic aspects, often used interchangeably with property management in the…
A feature on Airbnb and VRBO that allows guests to book a short-term rental instantly without needing host approval.
A German word that encompasses a feeling of coziness, comfort, and belonging. Short-term rental hosts can create a sense of Gemütlichkeit in…