A situation in a specific location where the number of available short-term rentals significantly exceeds guest demand, potentially leading to lower occupancy rates and price competition.
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The process of evaluating potential guests through reviews, verifications, and communication to minimize risks associated with bookings.
A structured introduction provided to new hosts by a property management company, covering topics like listing optimization, guest communication, and legal compliance.
A standardized label indicating the energy efficiency of appliances, relevant for hosts demonstrating their commitment to sustainability and potentially attracting eco-conscious guests.
The management of all financial aspects of a vacation rental property, including income, expenses, taxes, and insurance.