A type of mortgage where the interest rate fluctuates based on market conditions. This can impact short-term rental owners who use mortgages to finance their properties, as fluctuating interest rates can affect profitability.
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The comprehensive process of handling guest interactions, from pre-booking inquiries to post-stay follow-ups.
A type of insurance that covers damages or losses to equipment rented out to guests as part of a short-term rental agreement.
A group of similar short-term rental properties in the same market that are considered direct competitors, used for benchmarking and pricing strategies.
The end-to-end experience a guest has from booking to checkout, encompassing all touchpoints and interactions with the host and property.