Additional features or services offered to guests beyond the basic necessities, such as a hot tub, fireplace, or bicycle rentals, that can enhance the guest experience and justify higher rates.
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A Greek phrase meaning
A predetermined amount deducted from a security deposit or rental income to cover the normal depreciation of property and furnishings due to…
A measure of a short-term rental property’s profitability, calculated by subtracting operating expenses from revenue, excluding debt service and income taxes.
A cleaning schedule for a short-term rental that varies based on occupancy and booking frequency. This approach offers flexibility but requires careful…