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.
Svc Fee
You may also like
Amenities that significantly enhance the guest experience and can justify higher rental rates. Examples include hot tubs, fire pits, game rooms, and…
A comprehensive document provided to guests upon booking or arrival, containing information about the property, local area, and house rules.
The average cost incurred to acquire a new guest, including marketing, advertising, and other expenses, used to measure marketing effectiveness.
A suite of hospitality management tools often used by hotels and sometimes by larger short-term rental businesses to manage reservations, operations, and…