Major expenses related to acquiring or upgrading property assets, such as renovations, furniture replacements, or new appliances.
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The adherence to local laws, regulations, and licensing requirements governing short-term rentals, ensuring legal operation and avoiding potential fines or penalties.
Communication methods like email or in-app messaging that allow hosts and guests to respond at their convenience, without requiring an immediate reply.
Features and amenities that cater to families traveling with children, such as cribs, high chairs, toys, games, and childproofing measures.
A form of compensation offered by some short-term rental management companies to employees, granting them the right to purchase company shares.