A recognition program on some short-term rental platforms that rewards hosts who consistently provide exceptional guest experiences and meet specific performance metrics.
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A measure of revenue generation efficiency for short-term rentals during the third quarter, calculated as the revenue per available room night.
Local regulations or HOA rules that restrict the maximum number of guests allowed to stay overnight in a short-term rental property.
An additional charge imposed on guests when hosting events or gatherings exceeding the standard occupancy limit.
The practice of outsourcing some or all aspects of short-term rental management to a specialized company, handling tasks like guest communication, cleaning,…