A tax transparency framework requiring multinational enterprises to report financial and operational information for each tax jurisdiction in which they operate. While not directly applicable to individual short-term rental hosts, it highlights the increasing global focus on tax transparency and data sharing, potentially impacting platforms like Airbnb and VRBO in the future.
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Allocating resources (e.g., staff time, budget) strategically based on the volume and nature of guest requests to optimize operations.
A reservation made directly with the host or property manager, bypassing third-party platforms like Airbnb or VRBO. This can save on commission…
Strategies and practices focused on building and maintaining positive relationships with guests, fostering loyalty, and encouraging repeat bookings.
The process of vetting potential guests to minimize risks associated with property damage, noise complaints, or unauthorized parties. This can involve verifying…