A reservation system where guests can book any available dates without requiring host approval, often seen on platforms like Airbnb and VRBO.
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Open Booking
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The annual cost of borrowing money, expressed as a percentage rate that includes interest and other fees, often associated with financing a…
An experienced professional responsible for overseeing and coordinating all aspects of short-term rental management, often for multiple properties or within a property…
The shortest allowable booking duration for a short-term rental property, set by the host to manage turnover costs and target specific guest…
Reservations made for multiple guests, often requiring specific accommodations or amenities to cater to larger parties.