Utilizing specialized software solutions designed for short-term rental management, encompassing tasks like booking management, guest communication, cleaning schedules, and financial reporting.
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(Derived term) Setting unrealistic expectations in STR, such as expecting full occupancy year-round, can lead to disappointment and frustration. It’s crucial to…
Refers to situations where the owner or a long-term tenant also occupies a portion of the property while renting out other areas…
The implementation of consistent and documented procedures for all major business processes within a short-term rental company to ensure quality, efficiency, and…
Specialized insurance policies that provide coverage for short-term rental properties and hosts, protecting against potential liabilities and damages.