The expected deterioration and damage that occurs to a property over time due to normal use by guests, considered a standard operating expense in short-term rentals.
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A business structure where a short-term rental management company (the franchisor) grants another individual or company (the franchisee) the right to operate…
The use of technology and software to automatically assess potential guests based on predefined criteria, helping hosts mitigate risks associated with renting…
A residential property with two floors or levels, often featuring bedrooms on the upper level and living spaces on the lower level.
A situation where a guest makes a booking on a short-term rental platform like Airbnb or VRBO, but the reservation is later…