A refundable amount held by the host to cover potential damages to the property during a guest’s stay.
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An economic model based on the sharing of resources, such as homes or apartments, through online platforms like Airbnb and VRBO.
Regular upkeep and inspections to prevent potential issues and maintain the property in top condition, minimizing future repair costs and guest inconvenience.
Rules and restrictions imposed by homeowner’s associations that may impact short-term rental operations, such as occupancy limits or rental restrictions.
A software application integrated into a vacation rental website that allows guests to search for availability, view rates, and make direct bookings.