A legally binding contract between the host and guest outlining the terms and conditions of the short-term rental arrangement, including rental duration, house rules, and cancellation policies.
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All the tasks and processes involved in managing a short-term rental after a guest has made a booking. This includes guest communication,…
A key performance indicator (KPI) used in the hospitality industry to measure the revenue generated per available rental unit over a specific…
Insurance or security measures in place to protect hosts from financial losses due to damages caused by guests or other unforeseen events.
The process of tracking and analyzing income generated from short-term rentals, factoring in occupancy rates, average daily rates, and expenses.