A designation that may be given to accommodations meeting specific standards for business travelers. While not as common in the short-term rental space, it highlights the importance of catering to the needs of this specific guest segment.
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Local laws, ordinances, and restrictions imposed by municipalities or homeowners’ associations that govern the operation of short-term rentals, including permitting requirements and…
A special rate agreed upon between a host and a guest, typically for extended stays, corporate bookings, or repeat customers.
An initial payment made when purchasing an investment property for short-term rentals, typically a percentage of the total purchase price.