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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The percentage of time a short-term rental property is unoccupied over a specific period.
Implementing and strictly enforcing a zero-tolerance policy for rule violations, ensuring a safe and respectful environment for both guests and neighbors.
A thorough cleaning process that goes beyond basic sanitation, focusing on frequently touched surfaces and using hospital-grade disinfectants. Especially important in the…
The process of collecting, analyzing, and interpreting data related to short-term rental performance, such as occupancy rates, revenue, and guest demographics.