(Used metaphorically) A win in STR that comes at a significant cost, such as getting a booking by lowering prices so much that it barely covers expenses.
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The estimated travel time from a short-term rental property to popular attractions, transportation hubs, or business districts.
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The process of identifying potential risks associated with short-term rental operations (e.g., property damage, liability claims, legal disputes) and implementing strategies to…
Utilizing software and tools like property management systems (PMS), channel managers, and smart home devices to automate tasks and streamline operations.