A hypothetical term emphasizing the importance of understanding and adhering to local regulations, tax laws, and insurance requirements related to short-term rentals. Ensuring legal compliance is crucial for avoiding penalties and protecting your business.
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Describes a short-term rental property that offers high-end amenities, finishes, and services, providing guests with a luxurious and indulgent experience.
A pricing strategy to be wary of, where hosts add numerous small fees for basic amenities or services, potentially deterring guests.
A booking made through a travel management company, often used by business travelers for extended stays in short-term rentals.
A set of guidelines provided by the host outlining acceptable behavior and expectations for guests staying at their property.