Staying informed and adhering to local regulations, tax requirements, and licensing obligations related to short-term rentals in the specific jurisdiction.
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A pricing strategy that considers factors like demand, seasonality, and competitor pricing to optimize rental rates based on guest behavior.
A measure of the profitability of a rental property, calculated as the annual rental income divided by the property value.
A dedicated website for a rental property, allowing hosts to accept bookings directly without relying solely on platforms.
A feature offered by some property management companies where they guarantee a minimum number of bookings or revenue for a property within…