Elements incorporated into a short-term rental property to ensure the safety and well-being of guests, such as smoke detectors, carbon monoxide detectors, fire extinguishers, first aid kits, and security systems.
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A measure of a short-term rental property’s profitability, calculated by subtracting operating expenses from revenue, excluding debt service and income taxes.
Video recordings captured by security cameras that store data on Sd cards, often used by hosts for security purposes and to monitor…
A booking option on some platforms where hosts commit to accepting all reservations within set parameters, often for increased visibility.
Meaning ‘service sector’ in Swedish, this term highlights that short-term rental management and hosting fall under the service industry. Success in this…