The total income generated from short-term rental bookings, including nightly rates, cleaning fees, extra guest charges, and other potential revenue streams, minus expenses such as platform fees, cleaning costs, and property maintenance.
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Short for “Short-Term Vacation Contract,” it refers to the legally binding agreement between a property owner and a short-term rental management company…
Connecting a short-term rental’s audio system to iHeartRadio, allowing guests to enjoy personalized music streaming during their stay, enhancing the entertainment options.
A tax levied on short-term rental accommodations, often collected by local governments or tourism boards.
The practice of setting clear and realistic expectations with guests regarding the property, amenities, and house rules to avoid misunderstandings and ensure…