Refers to the rental policies set by hosts or property managers that are designed to be flexible and accommodating to guests, such as flexible cancellation policies or pet-friendly rules.
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Software solutions designed to help hosts manage their short-term rentals, including booking calendars, guest communication, and payment processing.
A record of all interactions and correspondence between a host and their guests, typically maintained within a property management software or platform.
The profit earned from a short-term rental property after deducting all expenses, including cleaning fees, management fees, and platform fees.
A community-based program where residents look out for each other’s properties and report any suspicious activity, enhancing security for short-term rentals.