An abbreviation for “Short-Term Vacation Contract Fee,” it represents the compensation paid to a short-term rental management company for their services, typically calculated as a percentage of the rental income generated.
You may also like
Creating a dedicated website for a rental property to accept bookings directly, bypassing third-party platforms and their fees.
Effective and responsive communication with guests throughout their short-term rental experience, from pre-booking inquiries to post-stay feedback.
A feature on booking platforms that allows guests to book a property immediately without requiring host approval.
A system used by booking platforms (like Airbnb) to prioritize listings with a sense of urgency, often by highlighting limited availability or…