A refundable amount collected from guests before their stay to cover potential damages or extra cleaning costs beyond normal wear and tear.
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A metric used to measure the financial performance of a short-term rental property, calculated as the annual rental income divided by the…
Over-reliance on automation in STR management, without considering the nuances of guest communication or potential technical glitches, can lead to impersonal guest…
Collaborating with local businesses, tour operators, or service providers to enhance the guest experience and generate additional revenue streams.
Temporary permission granted to a guest in a short-term rental to access and use the property for the agreed-upon period, even if…