A fee charged by platforms like Airbnb and VRBO to hosts for each booking made through their platform, usually calculated as a percentage of the booking amount.
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Local laws, regulations, and permit requirements that hosts must comply with when operating a short-term rental.
(Derived term) Setting unrealistic expectations in STR, such as expecting full occupancy year-round, can lead to disappointment and frustration. It’s crucial to…
A curated selection of thoughtful gifts, snacks, or essential items provided to guests upon arrival, enhancing their welcome experience and setting a…
A 12-month period used for financial reporting and tax purposes, which may not necessarily align with the calendar year. Important for hosts…