Hungarian term for “Property Insurance,” emphasizing the importance of specialized insurance coverage for short-term rental properties to mitigate potential risks.
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The specific transient occupancy tax levied on short-term rentals by Oklahoma City, applicable to platforms like Airbnb and VRBO.
A strategy where a property is listed on both short-term and long-term rental platforms to maximize occupancy and income potential.
Setting higher rental rates during periods of peak demand, such as holidays, special events, and popular travel seasons.
The difference between actual third-quarter performance metrics (e.g., revenue, occupancy) and the projected or budgeted figures, highlighting deviations from expectations.