A predefined plan outlining steps to address urgent property issues during a guest’s stay, such as plumbing leaks, heating failures, or security concerns.
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A key metric for short-term rental businesses, representing the predictable income generated from recurring subscriptions or services, such as property management fees.
The practice of managing listings across multiple short-term rental platforms, such as Airbnb, VRBO, and Booking.com.
Researching and understanding the local short-term rental market, including competitor pricing, demand trends, and seasonality.
The period before a guest’s scheduled arrival date during which they can cancel their reservation without incurring any financial penalties.