The upfront costs associated with acquiring and setting up a short-term rental property, including purchase price, renovations, furnishings, and initial marketing expenses.
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The process of screening potential guests to assess their suitability and minimize risks, often involving background checks, reviews from previous hosts, and…
The percentage of time that a rental property is booked and occupied by paying guests over a specific period, indicating the property’s…
Amenities considered to be above and beyond the standard offerings, significantly enhancing a guest’s experience and potentially increasing booking appeal.
The process of finding and acquiring suitable furniture and decor for a short-term rental property, considering factors like style, durability, and budget.