A tax levied on overnight accommodations, including short-term rentals, in many jurisdictions to generate revenue for tourism and local services.
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The rivalry among traditional lodging establishments like inns and short-term rentals in Old Lyme, Connecticut, for tourist bookings and revenue.
Investing in improvements and upgrades to enhance the property’s appeal, functionality, and overall value for guests.
The practice of renting out a portion or all of one’s primary residence to guests for short-term stays.
The idea that 80% of the insights from guest reviews often come from 20% of the feedback, highlighting key areas for improvement.