Utilizing internet-connected devices like smart thermostats and lighting controls to optimize energy consumption in rental properties, reducing costs and environmental impact.
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Providing guests with secure and convenient access to the property, such as keyless entry, lockboxes, or on-site staff.
A period of time blocked off between guest bookings to allow for cleaning, maintenance, or to prevent back-to-back bookings.
(Derived term) Setting unrealistic expectations in STR, such as expecting full occupancy year-round, can lead to disappointment and frustration. It’s crucial to…
An estimate of a short-term rental property’s market value, considering factors such as location, size, amenities, and comparable properties in the area.