An arrangement where a host rents out a room or portion of their primary residence to a short-term guest, often offering a more affordable accommodation option.
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A term used to describe a hands-off, impersonal, or profit-driven approach to short-term rental management, often associated with large-scale property management companies.
Systems that allow guests to access the property using digital codes, key cards, or smartphone apps, eliminating the need for physical key…
(Derived term) Setting unrealistic expectations in STR, such as expecting full occupancy year-round, can lead to disappointment and frustration. It’s crucial to…
The collective sector encompassing all businesses and activities related to short-term rental accommodations, including property management, technology platforms, and hospitality services.