A predetermined amount deducted from a security deposit or rental income to cover the normal depreciation of property and furnishings due to guest use.
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A standardized graphical representation used to document and communicate business processes within a short-term rental operation, such as BPMN (Business Process Model…
A situation where one party’s gain is directly offset by another’s loss, sometimes relevant in competitive short-term rental markets.
A formal request submitted by guests or property managers to address repairs, upkeep, or maintenance issues within the rental property.
Integrating various software applications and platforms using Zapier to automate tasks, such as sending booking confirmations, generating invoices, and managing cleaning schedules.