The process of verifying the identity and assessing the suitability of potential guests before confirming a reservation, often involving background checks and reviews.
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A metric used to measure the potential profitability of a short-term rental property, often calculated as the annual rental income divided by…
The expected depreciation of a property and its furnishings due to normal use over time, which is a factor to consider in…
A cancellation policy that allows guests to cancel their reservation for a full or partial refund, depending on the time frame and…
A type of short-term rental where guests have exclusive access to an entire property, including all bedrooms, bathrooms, living spaces, and amenities,…