The regular process of checking and restocking essential amenities and supplies in a short-term rental, such as toiletries, linens, and kitchen essentials, ensuring guest comfort and convenience throughout their weekly stay.
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An estimate of a short-term rental property’s worth based on factors such as location, size, amenities, and comparable properties in the market.
In the context of short-term rental management, breakage refers to revenue lost due to cancellations, guest no-shows, or other unforeseen circumstances.
The upfront costs associated with acquiring and setting up a short-term rental property, including purchase price, renovations, furnishings, and initial marketing expenses.
Having plans and procedures in place to handle emergencies that may arise during a guest’s stay, such as natural disasters, medical emergencies,…