In the context of short-term rental management, breakage refers to revenue lost due to cancellations, guest no-shows, or other unforeseen circumstances.
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Breakage
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A dynamic pricing strategy where rental rates are adjusted based on fluctuations in demand due to seasonal changes, holidays, or local events.
Enabling guests to submit maintenance requests by scanning a QR code linked to a dedicated communication channel or platform.
Staying informed about and adhering to local regulations, licensing requirements, and tax obligations related to short-term rentals.
A cleaning service offered between bookings, particularly common for longer stays in short-term rentals.