A tax levied on the rental of accommodations, including short-term rentals, in many jurisdictions. Also known as a transient occupancy tax or lodging tax, it is typically calculated as a percentage of the rental rate and collected from guests.
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A pricing strategy where a single, consistent nightly rate is charged for the short-term rental, regardless of the season or demand.
A proactive approach to property maintenance that involves scheduling regular inspections and addressing potential issues before they escalate, minimizing guest disruptions.
Strategies and techniques used by hosts to encourage guests to leave favorable reviews on platforms like Airbnb and VRBO.
A popular payment processing platform often integrated with property management software, enabling hosts to accept credit card payments and manage transactions securely.