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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A business model where a third-party company manages short-term rental properties on behalf of the owner, handling tasks like listing creation, guest…
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Extreme cases of guest misconduct that result in significant damage to the property, requiring extensive repairs, legal action, or insurance claims.
The percentage of potential guests who initiate a booking process on a short-term rental platform but do not complete it.