Unexpected events or situations that can disrupt short-term rental operations, such as natural disasters, pandemics, or personal emergencies, requiring flexibility and contingency planning.
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The ability to communicate with guests in multiple languages, either directly or through translation services, expanding the potential guest pool and improving…
An abbreviation for “Short-Term Vacation Network,” it encompasses the interconnected web of online platforms, property managers, service providers, and resources that facilitate…
Local, state, and federal taxes that apply to short-term rental income and operations, such as lodging taxes, sales taxes, and income taxes.
The importance of utilizing data analytics to inform pricing strategies, identify booking trends, and optimize property performance in the competitive short-term rental…