The original cost of an asset, such as a property, used to calculate capital gains or losses for tax purposes. Important for hosts to track for financial management and tax reporting.
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The practice of optimizing pricing, availability, and marketing strategies to maximize revenue generated from short-term rental properties.
A decorative style featuring bird motifs, often used in short-term rentals to create a whimsical or nature-inspired ambiance.
Excessive noise levels that can negatively impact the guest experience and lead to complaints, especially in urban short-term rentals.
A comprehensive set of fire safety standards, inspections, and certifications offered by Bureau Veritas to mitigate fire hazards in hospitality properties.