The practice of maintaining consistent pricing for short-term rental properties across all distribution channels, including online travel agents (OTAs) and direct bookings. This prevents rate disparities and ensures a fair market value.
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A satirical term used to describe a generic, uninformative, or overly positive review of a short-term rental property, often lacking in specific…
Adhering to all local laws and regulations related to short-term rentals, including zoning ordinances, taxes, and safety requirements.
Laws and guidelines designed to prevent the use of short-term rentals for illegal financial activities, such as money laundering.
Over-reliance on automation in STR management, without considering the nuances of guest communication or potential technical glitches, can lead to impersonal guest…