An individual or company hired by property owners to manage their short-term rental properties, handling tasks such as marketing, bookings, guest communication, cleaning, and maintenance.
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Positive reviews or referrals for a short-term rental shared by previous guests on the neighborhood-based social networking platform, Nextdoor.
A pricing strategy where higher rates are charged for stays that include weekends (Friday and Saturday nights) due to increased demand.
A feature offered by some property management companies or platforms that guarantees a minimum number of bookings or revenue for short-term rental…
The percentage of time a short-term rental property is occupied by paying guests over the course of a year.