The shared responsibility of tracking income, expenses, and generating financial reports for a short-term rental, often facilitated by property management software or collaborative spreadsheets accessible to both owners and co-hosts or property managers.
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Meaning ‘service sector’ in Swedish, this term highlights that short-term rental management and hosting fall under the service industry. Success in this…
The process of improving the visual appeal of a short-term rental property through decor, furnishings, and overall ambiance to attract guests and…
Forecasts of expected utility expenses for a short-term rental property, considering factors like seasonality, occupancy rates, and energy efficiency.
Recurring costs associated with running a short-term rental, including utilities, cleaning fees, property management fees, and maintenance expenses.