A situation where the number of short-term rentals in a particular market exceeds guest demand, potentially leading to lower occupancy rates and price competition.
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Software or platforms that facilitate communication between hosts and guests, including messaging, automated responses, and scheduling tools.
Amenities that go above and beyond the basic necessities, such as hot tubs, game rooms, or unique experiences, designed to enhance the…
The projected percentage of time a short-term rental property is expected to be occupied over a year, taking into account seasonal fluctuations…
Local regulations that limit noise levels in residential areas, often impacting short-term rentals and requiring hosts to implement noise mitigation strategies.