Formal records of the financial activities of a business, including the income statement, balance sheet, and cash flow statement. These statements are crucial for understanding the financial health and profitability of a short-term rental business.
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An event where potential guests can tour a short-term rental property, meet the host, and ask questions, often used to generate interest…
Insurance or security deposits that protect hosts from financial losses due to accidental or intentional damage caused by guests during their stay.
A German legal structure similar to a general partnership, sometimes relevant for property co-ownership in the context of short-term rentals.
The use of data and performance metrics to track key indicators like occupancy rates, revenue, and guest satisfaction for informed decision-making.