A legally binding contract between a host and guest that outlines the terms and conditions of a short-term rental stay, including rental duration, payment terms, and house rules.
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The percentage of time a short-term rental property is booked over a specific period, indicating the property’s performance and revenue potential.
A reservation system where guests can book any available dates without requiring host approval, often seen on platforms like Airbnb and VRBO.
A separate charge added to the nightly rate for access to shared amenities like pools, gyms, or Wi-Fi.