An agreement between a host and a guest to cancel a confirmed booking, typically initiated due to unforeseen circumstances or a change in plans by either party.
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The actual price paid to acquire a property, including closing costs and other associated expenses. This is a crucial factor in calculating…
A dedicated website for a rental property, allowing hosts to accept bookings directly without relying solely on platforms.
Strategies used by short-term rental hosts to maximize occupancy rates and revenue by adjusting pricing based on factors like demand, seasonality, and…
A form of sustainable travel that prioritizes responsible practices to minimize negative impacts on the environment and local communities.