Characterizes a highly efficient and integrated approach to managing short-term rentals, often leveraging technology and automation to streamline operations.
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Laws, ordinances, and guidelines set by local authorities that govern short-term rentals in a specific area, including permits, taxes, and occupancy limits.
A dedicated website for a rental property, allowing hosts to accept bookings directly without relying solely on platforms.
A community-based program where residents look out for each other’s properties and report any suspicious activity, enhancing security for short-term rentals.
The process of projecting future financial performance by estimating revenues, costs, and expenses, enabling hosts to make informed business decisions.