A hypothetical term referring to a pricing strategy that leverages data and artificial intelligence to optimize rental rates. Dynamic pricing is crucial for maximizing occupancy and revenue in the short-term rental market.
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An optional fee or insurance policy that protects hosts from financial liability in case of guest-caused damages.
Clearly communicating the benefits and value that guests will receive from specific property features and amenities.
A bathroom that is directly connected to a bedroom, typically found in hotel suites and higher-end short-term rentals.
The evaluation of a short-term rental property’s financial performance, considering factors like purchase price, operating expenses, rental income, and market trends.