Analyzing key financial metrics such as occupancy rate, average daily rate, and net income to evaluate the profitability and success of a short-term rental property.
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A legal doctrine requiring landlords, including short-term rental hosts, to provide a safe and livable dwelling, even without explicitly stating so in…
A one-time charge added to the rental cost to cover the expense of cleaning the property between guest stays.
A feature offered by some property management companies where they guarantee a minimum number of bookings or revenue for a property within…
Developing effective communication protocols for interacting with guests before, during, and after their stay, using various channels like messaging apps and email.