A pricing option offered to guests that provides a discounted rate in exchange for a non-refundable booking, often used to attract early bookings or minimize cancellations.
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Laws, rules, and guidelines set by local governments or homeowners’ associations that govern short-term rentals, including licensing, safety, and taxation.
Overwhelmingly positive guest reviews that highlight the exceptional qualities and experiences of a short-term rental.
Providing excellent guest interaction, whether in person or remotely, can significantly impact guest satisfaction and lead to repeat bookings.
Specific lending criteria and considerations for obtaining a mortgage on a property intended for use as a short-term rental.