The practice of analyzing market data and implementing pricing strategies to maximize rental income and occupancy rates.
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The terms and conditions outlining the circumstances under which a host may cancel a confirmed booking, often with penalties for cancellations.
A common house rule in short-term rentals prohibiting parties or large gatherings to prevent noise complaints and property damage.
A legal principle requiring both parties in a short-term rental agreement to act honestly and fairly, upholding the contract’s spirit and not…
Amenities and attractions located within walking distance or a short drive from the rental property, enhancing its appeal to guests. Examples include…