Evaluating the safety and security of the neighborhood surrounding a short-term rental property, considering factors like crime rates, lighting, and proximity to emergency services.
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Applying the Pareto Principle to cleaning protocols for short-term rentals, focusing on the 20% of cleaning tasks that have the biggest impact…
Adhering to all local laws, regulations, and ordinances governing short-term rentals, including zoning restrictions, permits, and taxes.
A pricing strategy where the rental rate includes all utility costs, simplifying the booking process for guests.
The shift in consumer spending towards experiences and memories rather than material possessions, heavily influencing the short-term rental market.