Utilizing background checks, reviews, and communication to vet potential guests and minimize the risk of problematic bookings.
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Measures taken to verify the identity and legitimacy of guests before confirming bookings to enhance security.
Identifying properties with potential for profit by leasing them long-term and subletting them as short-term rentals on platforms like Airbnb and VRBO.
A set of rules that determine the refund amount a guest receives if they cancel their reservation, ranging from flexible to strict.
A humorous term for a revenue management strategy or tool focused on maximizing income from short-term rental properties.