A legally binding contract between a property owner and a property manager outlining the terms of their business relationship.
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A hypothetical term referring to a segment of high-end, luxury short-term rentals that cater to discerning travelers seeking exceptional experiences and amenities.
A property that contains multiple individual rental units, such as an apartment complex, condo building, or several standalone cottages on a single…
A desirable feature in short-term rentals, offering guests attractive outdoor vistas like mountains, oceans, cityscapes, or natural landscapes, often commanding higher rental…
The process of projecting future income and expenses for a short-term rental property based on historical data, market trends, and seasonality.