Taxes levied on the assessed value of a short-term rental property by local governments, typically paid on an annual basis.
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A booking option on some platforms where hosts commit to accepting all reservations within set parameters, often for increased visibility.
Features within the Airbnb and VRBO platforms that facilitate communication between hosts and guests before, during, and after a booking.
The percentage of time a rental property is booked over a specific period, a key metric for revenue management.
Simulated reservations used to check the functionality of booking systems, identify potential issues, and ensure a smooth booking experience for guests.