The use of dynamic pricing tools and algorithms to adjust short-term rental rates based on factors like demand, seasonality, competitor pricing, and market trends.
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A designated savings account where a portion of rental income is set aside to cover future property maintenance and repair expenses.
A reservation for a single night at a short-term rental property.
The normal deterioration or damage that occurs to a property over time due to regular use, often accounted for in security deposits…
A hypothetical mobile application designed specifically for guests staying in short-term rentals, offering features like booking management, local recommendations, and communication with…