Keeping a detailed record of all guest interactions and communication, including inquiries, booking confirmations, and any special requests, organized by week, to maintain transparency and facilitate smooth handovers if working with co-hosts or assistants.
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A system for monitoring rental income, expenses, and financial performance of the short-term rental business, often using spreadsheets or specialized software.
Websites created by short-term rental owners or managers to allow guests to book directly, bypassing third-party platforms and their associated fees.
A pricing strategy where hosts set their rates just below a significant price point to attract budget-conscious travelers.
Practices implemented to minimize the environmental impact of short-term rentals, such as recycling programs, composting, and reducing single-use plastics.