Expenses that remain relatively constant regardless of occupancy rates, such as mortgages, property taxes, and insurance. Understanding fixed costs helps hosts determine profitability.
You may also like
A clause in a lease agreement that specifies the maximum number of guests allowed to stay in a short-term rental property.
A booking that has a higher than usual likelihood of cancellation, modification, or no-show, often due to factors like last-minute booking or…
Establishing a clear and fair policy for handling accidental damages, outlining procedures for reporting, assessing, and addressing the situation while maintaining positive…
A dedicated workspace within a short-term rental property, equipped with a desk, comfortable chair, and reliable internet access, catering to remote workers…