Analyzing key metrics such as occupancy rates, revenue, guest satisfaction, and market trends to evaluate the success of rental operations and identify areas for improvement.
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A hypothetical example of a local occupancy tax specific to Oquawka, Illinois. Short-term rental hosts in this area would be responsible for…
The process of obtaining the necessary licenses and permits from local authorities to legally operate a short-term rental.
Taxes levied on income generated from short-term rentals, which may vary depending on the location and platform used.
A booking option on some platforms where the host is guaranteed payment even if the guest cancels, often at a higher commission…