The process of identifying, assessing, and mitigating potential risks associated with short-term rental operations, such as property damage, liability claims, and legal disputes.
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A documented plan outlining procedures and responsibilities in case of emergencies or unforeseen situations affecting the property or guests.
A pricing strategy that adjusts short-term rental rates in real-time based on factors like demand, seasonality, and competitor pricing.
Built-in mathematical formulas and calculations within QuickBooks that simplify accounting tasks for short-term rental managers, such as calculating occupancy rates, cleaning fees,…
A promotional offer that provides a reduced rate for guests who book a minimum stay of two nights, encouraging longer bookings.