A percentage of the booking revenue charged by property management companies or platforms like Airbnb and VRBO for their services.
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Creating a positive and memorable experience for guests through thoughtful amenities, personalized touches, and seamless interactions.
Expenses associated with owning a short-term rental property, encompassing mortgage payments, property taxes, insurance premiums, utilities, maintenance, and potential HOA fees.
The process of vetting potential guests to minimize risks such as property damage, noise complaints, or unauthorized occupants.
A financial statement that shows the movement of cash both into and out of a business over a specific period.