A legally binding contract between a property owner and a local property manager outlining the terms of service, fees, and responsibilities for managing a short-term rental.
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The average amount of revenue generated per booking, calculated by dividing the total revenue by the number of bookings.
Researching and understanding the trends, competition, and pricing within a specific short-term rental market.
An eco-conscious approach to short-term rental management that minimizes environmental impact by reducing waste, using sustainable products, and promoting responsible consumption.
The shortest period for which guests can book a short-term rental property, often varying by season or demand.