The percentage of time a short-term rental is booked during a specific period after it is first listed on platforms like Airbnb and VRBO, often influenced by pricing and marketing strategies.
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The process of confirming a guest’s identity through various methods, such as government-issued ID or social media profiles, to enhance security and…
Up-to-date features and conveniences that enhance guest comfort and satisfaction, such as high-speed Wi-Fi, smart home devices, and streaming services.
Investing in a short-term rental property that requires renovation or redevelopment. This can be a higher-risk, higher-reward strategy compared to investing in…
The practice of implementing water-saving measures in short-term rentals, such as installing low-flow showerheads and toilets, encouraging guests to reuse towels, and…