A measure of the profitability of a short-term rental property, calculated as the annual rental income divided by the property value, expressed as a percentage.
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An optional charge levied by some hosts for guests requesting to access the short-term rental property earlier than the standard check-in time.
The thorough cleaning and preparation of a short-term rental property between guest stays, ensuring a clean and welcoming environment for incoming guests.
Simulated reservations used to check the functionality of booking systems, identify potential issues, and ensure a smooth booking experience for guests.
Established benchmarks and guidelines for service, cleanliness, and overall quality in the hospitality industry, often applied to short-term rentals.