A website owned and operated by a host or property manager that allows guests to book stays directly, bypassing third-party platforms and potentially saving on commission fees.
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A budgeting method where every dollar of income is allocated to specific expenses, ensuring comprehensive financial planning for short-term rentals.
Implementing sustainable and environmentally responsible methods in short-term rental operations, such as using eco-friendly cleaning products and reducing energy consumption.
The process of vetting potential guests to minimize the risk of problematic bookings, including verifying identities, reviewing guest reviews, and setting clear…
A building or complex containing multiple individual units that are rented out as short-term rentals.