Charges imposed by online travel agencies (OTAs) like Airbnb and VRBO on hosts for each booking made through their platforms, typically calculated as a percentage of the reservation value.
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Researching and understanding the local short-term rental market, including competitor pricing, demand trends, and seasonality.
Actively monitoring, responding to, and managing guest reviews across various platforms, addressing concerns, highlighting positive feedback, and maintaining a strong online reputation.
The vertical distance between the crest of a tsunami wave and the mean sea level.
Ensuring the long-term profitability and viability of a short-term rental business by managing expenses, optimizing pricing, and adapting to market changes.