The rapid and significant increase in the popularity and availability of short-term rentals, driven by factors such as the rise of the sharing economy and the increasing demand for alternative accommodation options.
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A cancellation policy that allows guests to cancel their booking for free or with a partial refund up to a certain time…
The written portion of a property listing that highlights its features, amenities, location, and any other relevant details for potential guests.
A monthly or quarterly report provided by Airbnb or VRBO to property owners, detailing reservation details, payouts, and fees.
Prompt and effective communication with guests is crucial for a positive rental experience. This includes responding to inquiries, providing check-in instructions, and…