A type of property management where two or more parties, often the homeowner and a property management company, share in the responsibilities and profits of short-term renting.
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A pricing strategy that adjusts rental rates based on predictable fluctuations in demand, such as holidays, weekends, and special events.
A financial ratio that measures the profitability of a short-term rental business by calculating the percentage of revenue remaining after deducting all…
A booking option offered to guests at a discounted price, typically requiring full payment upfront and non-refundable in case of cancellation.
A security feature where a property only has one main entrance and exit point, controlled by a single lock or access system.