The process of converting rental rates, security deposits, and other fees from the host’s local currency to the guest’s preferred currency on platforms like Airbnb and VRBO.
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Setting refundable security deposit amounts to mitigate potential damages while adhering to platform guidelines and local regulations.
The geographic location or demographic group from which the majority of bookings for a short-term rental originate.
Utilizing high-quality, professional photography to showcase the best features of a short-term rental property, attracting more potential guests and justifying higher rates.
A professional or company that manages short-term rental properties on behalf of owners, handling tasks like bookings, guest communication, and cleaning.