Insurance or security deposits that cover costs associated with accidental or intentional damage to the property caused by guests.
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The process of thoroughly cleaning, organizing, and preparing a short-term rental property for the arrival of new guests.
Refers to a short-term rental property adhering to Good Manufacturing Practices, indicating a high standard of cleanliness, hygiene, and safety protocols, often…
Rental prices charged during peak travel periods when demand is highest.
A measure of a short-term rental property’s profitability, calculated by subtracting operating expenses from revenue, excluding debt service and income taxes.