A comprehensive list of local rules, permits, and regulations applicable to short-term rentals in the specific area, ensuring legal operation of the business.
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The percentage of bookings that are canceled by either the host or the guest within a specific timeframe.
This Swedish term translates to ‘service guarantee.’ While not a standard practice, some short-term rental hosts offer guarantees to provide reassurance to…
The organic promotion of a rental property through positive guest experiences and recommendations shared with friends, family, and online reviews.
A pricing strategy that adjusts rental rates in real-time based on factors like demand, seasonality, competitor pricing, and events.