Shared arrangements and protocols for accessing a short-term rental property, typically involving key exchange or smart lock systems, agreed upon by owners, co-hosts, cleaners, and other relevant parties.
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A measure of a short-term rental property’s profitability, calculated by subtracting operating expenses from revenue, excluding debt service and income taxes.
Exploring different staffing models for managing short-term rentals, including hiring full-time employees, part-time cleaners, or outsourcing tasks to specialized companies.
Refers to properties with multiple units rented out individually, such as apartment buildings or condominiums, often managed by a single host or…
A building structure with multiple separate housing units, each with its own entrance, kitchen, and bathroom, which can be used for short-term…