Collaborating with local businesses or brands to provide guests with exclusive discounts or experiences, enhancing the rental’s appeal and generating additional revenue streams.
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Allowable expenses that can be deducted from rental income to reduce tax liability for short-term rental owners.
The process of tracking, organizing, and replenishing supplies and amenities for a short-term rental, ensuring guest satisfaction and operational efficiency.
The percentage of potential guests who initiate a booking process on a short-term rental platform but do not complete it.
A term for a host passionate about providing exceptional hospitality and creating memorable experiences for their guests.