Implementing sound financial practices for tracking income, expenses, taxes, and generating reports to ensure profitable and sustainable short-term rental operations.
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A feature on platforms like Airbnb and VRBO that allows guests to book a short-term rental instantly without needing host approval.
Local regulations and ordinances that specifically govern short-term rentals during the third quarter, potentially addressing noise levels, parking, and occupancy limits.
An arrangement where a host rents out a room or portion of their primary residence to a short-term guest, often offering a…
A performance metric used in the hospitality industry that calculates the average revenue generated per available room, considering both occupancy rate and…