A pre-determined charge imposed on guests for violating the house rules or rental agreement, such as smoking indoors or exceeding the maximum occupancy limit.
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Clearly defined rules communicated to guests regarding noise levels during specific times, outlining expected behavior and potential consequences for violations.
Data points used by hosts and property managers to track the success of their short-term rental business.
Short for “Short-Term Vacation Contract,” it refers to the legally binding agreement between a property owner and a short-term rental management company…
A decrease in the number of reservations made for a short-term rental property, often indicating a need to adjust pricing, marketing, or…