The percentage of time a short-term rental property is unoccupied over a specific period.
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Processes and procedures implemented by hosts or property managers to ensure the consistent quality of the guest experience, including cleanliness, maintenance, and…
Implementing thorough guest verification and screening processes, potentially including background checks or ID verification, on a weekly basis to mitigate risks and…
The personal time, effort, and labor invested by a host in managing and maintaining their short-term rental property instead of outsourcing tasks.
Forecasting expected rental income based on factors like historical data, seasonal trends, market demand, and pricing strategies.