Laws, ordinances, and guidelines set by local authorities that govern short-term rentals in a specific area, including permits, taxes, and occupancy limits.
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Feedback and ratings provided by guests after their stay at a short-term rental, influencing future bookings and the property’s reputation.
A communication strategy that utilizes a centralized platform to manage guest messages from various channels, ensuring efficient and timely responses.
The process of determining the profitability of a short-term rental by subtracting expenses from revenue, expressed as a percentage.
The strategic approach to maximizing rental income through pricing optimization, occupancy management, and other revenue-generating tactics.