A mutually agreed-upon framework between property owners and co-hosts or property managers that determines the rental rates, fees, and any revenue sharing arrangements for a short-term rental.
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Implementing strategic discounts, special offers, or packages during periods of lower demand to attract bookings and maximize occupancy during the off-season.
Implementing safety measures and screening processes to verify guest identities, review guest reviews, and mitigate potential risks associated with hosting strangers.
Going above and beyond what guests anticipate from a short-term rental, often leading to positive reviews and repeat bookings.
Indicates that a short-term rental property is managed by a professional property management company, responsible for handling bookings, cleaning, and guest communication.