The process of planning, organizing, and managing resources to achieve specific goals related to a short-term rental business, such as renovations or marketing campaigns.
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Regular upkeep and inspections to prevent potential issues and maintain the property in top condition, minimizing future repair costs and guest inconvenience.
Expenses that remain relatively constant regardless of occupancy rates, such as mortgages, property taxes, and insurance. Understanding fixed costs helps hosts determine…
A fee charged by payment processors or short-term rental platforms for transactions involving different currencies, often a percentage of the total booking…
A hypothetical tax or increased property tax levied on large, luxurious homes, sometimes associated with short-term rentals in upscale neighborhoods.