A situation where the supply of short-term rentals in a particular market exceeds the demand, potentially leading to lower occupancy rates and rental prices.
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Marketing strategies that actively reach out to potential guests, such as social media advertising, email campaigns, and influencer collaborations.
A documented record of guest communications, property condition reports, and incident details used for resolving disputes, insurance claims, or legal issues.
A legally binding contract between a host and guest outlining the terms and conditions of a short-term rental stay.
Securing insurance policies tailored to the specific regulations and requirements of the jurisdiction where the short-term rental property is located.