A period of exceptionally high demand for vacation rentals, typically during peak seasons or special events. This often leads to increased bookings and higher rental rates.
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Vbonanza
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A legally binding contract between the host and guest outlining the terms and conditions of the short-term rental.
Adherence to all applicable laws, regulations, and tax requirements related to operating short-term rentals, including licensing, permits, and income reporting.
The highest number of guests permitted to stay overnight in a short-term rental, often regulated by local ordinances and safety codes.
The process of compiling and analyzing financial data, including income, expenses, and taxes, related to short-term rental operations for the year.