Decisions and actions taken by a short-term rental property owner regarding their property, pricing, guest selection, and overall management, typically within the bounds of platform policies and local regulations.
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A refundable amount held by the platform or host to cover potential damages or extra cleaning costs incurred during a guest’s stay.
Using historical data and market trends to predict future occupancy rates, aiding in pricing and revenue management.
Amenities considered to be above and beyond the standard offerings, significantly enhancing a guest’s experience and potentially increasing booking appeal.
A pricing strategy that adjusts rental rates based on predictable fluctuations in demand, such as holidays, weekends, and special events.