The tendency for the features and amenities offered in a short-term rental to gradually increase over time, often in response to guest feedback or competitive pressures.
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Feature Creep
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A legally binding contract between a property owner and a property manager, outlining the terms of service and responsibilities of both parties.
The total income generated from short-term rental bookings during the month of April.
The use of technology and software to automatically assess potential guests based on predefined criteria, helping hosts mitigate risks associated with renting…
The practice of maintaining consistent pricing for the same room type across all booking channels to avoid customer confusion and platform penalties.