The total revenue generated from short-term rental bookings before deducting any expenses such as cleaning fees, platform fees, or management fees.
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A dedicated team or individuals responsible for maintaining cleanliness and hygiene standards within a short-term rental property, ensuring a positive guest experience.
A dynamic pricing strategy where rental rates are adjusted based on fluctuations in demand due to seasonal changes, holidays, or local events.
A system that allows guests to access the property without a physical key, often using codes, keypads, or smartphone apps.
A legally binding contract between a property owner and a property manager outlining the terms of their business relationship. This agreement defines…