A system that allows guests to access the property without a physical key, often using a keypad code, smartphone app, or smart lock. This offers convenience for guests and eliminates key exchange logistics for hosts.
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Insurance or security deposit policies that protect hosts from financial losses due to accidental or intentional damage caused by guests.
A measure of a short-term rental property’s profitability, calculated by subtracting operating expenses from revenue, excluding debt service and income taxes.
The shortest period for which guests can book a short-term rental property, often varying by season or demand.
The importance of responding promptly and professionally to guest inquiries, messages, and requests throughout their stay, enhancing guest satisfaction.