The growing trend of travelers actively seeking out accommodations with distinctive features, themes, or locations beyond standardized hotel rooms, often through platforms like Airbnb and VRBO.
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Forecasting potential rental income based on factors such as seasonality, market demand, and historical data.
Adhering to local government regulations that specify permitted uses of land and buildings, often impacting short-term rentals.
Implementing measures to ensure the consistent quality of the guest experience, including regular property inspections, guest feedback surveys, and standardized procedures.
Insurance or security deposits that protect hosts from financial losses due to accidental or intentional damage caused by guests during their stay.