A comparison of a specific metric (e.g., revenue, bookings) between the current year and the previous year, used to track performance trends.
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Laws and guidelines designed to prevent the use of short-term rentals for illegal financial activities, such as money laundering.
A metric on booking platforms that measures how quickly and consistently hosts respond to guest inquiries.
Securing appropriate insurance policies specifically designed for short-term rental properties to cover liability, property damage, and business interruptions.
Fees charged by online platforms like Airbnb and VRBO to hosts for listing their properties and facilitating bookings. These fees are typically…