A refundable amount collected from guests before their stay to cover potential damages or extra cleaning costs beyond normal wear and tear.
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A structured set of guidelines, methodologies, and best practices used to manage and standardize various processes involved in operating a short-term rental…
Local or regional regulations specifically governing short-term rentals, often addressing issues like permits, taxes, and occupancy limits.
Implementing a budgeting method where all expenses are justified and allocated from a zero base each period, ensuring efficient financial management and…
A pricing strategy where hosts increase their nightly rates during periods of high demand for short-term rentals, such as holidays, special events,…