A pricing model used by some property management companies where they charge a percentage of the rental income as their fee. Also known as a commission-based model.
Factor Rate
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The continuous effort to identify, analyze, and improve existing business processes within a short-term rental operation to enhance efficiency and profitability.
Staying informed and compliant with local laws, taxes, and regulations related to short-term rentals in the property’s jurisdiction.
Dates on which a short-term rental property is fully booked and unavailable for reservations.
Feedback provided by guests after their stay at a short-term rental, including written reviews and star ratings on various aspects such as…