A third-party company that handles the day-to-day operations of a short-term rental property, including marketing, booking, guest communication, and maintenance.
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A metric used to evaluate the profitability of a short-term rental investment, calculated as the net income generated divided by the total…
A booking option offered to guests at a lower price, but with a strict cancellation policy that forfeits the entire payment if…
Measures taken to ensure the safety and security of guests and the property, such as installing smoke detectors, carbon monoxide detectors, and…
The process of cleaning and preparing short-term rental properties for incoming guests. It includes tasks like laundry, bed making, and bathroom sanitation.