A legal principle requiring both parties in a short-term rental agreement to act honestly and fairly, upholding the contract’s spirit and not undermining each other’s benefits.
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A comprehensive guide provided to guests upon arrival, offering information about the property, amenities, house rules, local recommendations, and emergency contacts.
A special rate agreed upon between a host and a guest, typically for extended stays, corporate bookings, or repeat customers.
Adjusting rental rates dynamically based on factors like seasonality, demand, and special events to optimize occupancy and revenue.
An official authorization required by some jurisdictions for operating a short-term rental property legally.