The difference between actual third-quarter performance metrics (e.g., revenue, occupancy) and the projected or budgeted figures, highlighting deviations from expectations.
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In a vacation rental context, an anchor tenant refers to a long-term guest who provides consistent income, often during the off-season or…
The specific group of travelers a host aims to attract with their rental property, such as families, business travelers, or budget-conscious backpackers.
A type of trust where the assets are permanently placed under the trust’s control and cannot be modified or revoked by the…
A record of all interactions and correspondence between a host and their guests, typically maintained within a property management software or platform.