Measures taken by hosts to prepare for and respond to emergencies or natural disasters that may affect guests or the property.
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Direct costs associated with providing short-term rental services, such as cleaning supplies, toiletries, and utilities, used to calculate profitability.
A legally binding agreement between a property owner and a property manager that outlines the terms of their business relationship.
The process of determining the profitability of a short-term rental by subtracting expenses from revenue, expressed as a percentage.
The fluctuation of short-term rental pricing during the COVID-19 pandemic and its aftermath, often characterized by initial dips followed by significant increases.