The process of identifying and evaluating potential risks associated with owning and operating a short-term rental, including property damage, liability claims, legal disputes, and market fluctuations.
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Using data from IoT devices, such as occupancy sensors or smart thermostats, to gather indirect feedback on guest preferences and improve the…
Local, state, and federal taxes that apply to short-term rental income and operations, such as lodging taxes, sales taxes, and income taxes.
The percentage of time a short-term rental property is booked over a specific period, indicating the property’s performance and revenue potential.
A one-time fee charged to guests to cover the cost of cleaning the property after their stay.