A cloud-based service from Microsoft Azure that connects, monitors, and manages Internet of Things (IoT) devices, potentially useful for automating tasks in smart short-term rentals.
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An approach to pricing short-term rentals where rates fluctuate based on factors like demand, seasonality, competitor pricing, and special events.
Extreme cases of guest misconduct that result in significant damage to the property, requiring extensive repairs, legal action, or insurance claims.
The process of handling guest inquiries, booking requests, and other communications received through various platforms like Airbnb and VRBO.
A metric used to evaluate the profitability of a rental property, calculated by dividing the annual rental income by the property’s purchase…