A legal arrangement where two or more individuals or entities share ownership of a property used for short-term rentals, outlining responsibilities and profit sharing.
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The standard nightly or weekly rate advertised for a short-term rental property, excluding any discounts, promotions, or seasonal adjustments.
A measure of the profitability of a rental property, calculated as the annual rental income divided by the property value.
The proactive monitoring, analysis, and response to guest reviews across various platforms to improve reputation, build trust, and attract future bookings.
A process that allows guests to access a short-term rental without needing to meet the host in person, often using keyless entry…