The process of comparing a short-term rental business’s performance against industry best practices and competitors to identify areas for improvement.
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Meticulously recording all income and expenses related to the short-term rental property for accurate financial reporting, tax purposes, and profitability analysis.
Specific rules and ordinances implemented by cities or municipalities governing short-term rentals, often addressing issues like licensing, occupancy limits, and noise restrictions.
A trend in short-term rentals where properties offer amenities and services comparable to boutique hotels, focusing on unique design, personalized experiences, and…
A set of guidelines provided by hosts to communicate expectations and ensure a respectful and enjoyable stay for guests.