The process of verifying a guest’s identity before confirming their booking, often involving government-issued ID and background checks, to enhance security and trust.
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Local rules and laws governing short-term rentals, often including permits, licenses, and zoning restrictions.
A pricing strategy used by short-term rental platforms, like Airbnb and VRBO, where prices increase significantly during periods of high demand, such…
Specific metrics used within QuickBooks to track the financial health and performance of a short-term rental business, such as Occupancy Rate, Average…
Comprehensive financial reports prepared at the end of the fiscal year for short-term rental properties, summarizing income, expenses, and profitability.