A section in a rental agreement that requires disputes between the host and guest to be settled through binding arbitration instead of court.
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A person who works remotely while traveling and often stays in short-term rentals for extended periods.
Using software or tools to keep booking calendars updated in real-time across all platforms, preventing double-bookings and ensuring accuracy.
The total revenue generated from short-term rental bookings before deducting any expenses such as cleaning fees, platform commissions, or management fees.
The percentage of time a short-term rental property is booked over a specific period, indicating its popularity and revenue-generating potential.