Local government levies imposed on the assessed value of a short-term rental property, often subject to specific regulations and rates.
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An online platform or app providing guests access to booking details, property information, and communication tools.
The ability to communicate with guests and manage listings in languages other than the host’s primary language, important for attracting international travelers.
A measure of a short-term rental property’s profitability, calculated by subtracting operating expenses from revenue, excluding debt service and income taxes.
An efficient and rapid cleaning process between guest stays, ensuring a quick turnaround time for the rental property.