Regularly surveying the pricing strategies of comparable short-term rental properties in the same market area on a weekly basis to stay informed about competitor rates and adjust own pricing for competitive advantage.
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A legally binding agreement that outlines the rules, responsibilities, and expectations for both hosts and guests during a vacation rental stay.
A bathroom that contains only a toilet and a sink, also known as a powder room or guest bathroom. Important for guests…
Up-to-date features and conveniences that enhance guest comfort and satisfaction, such as high-speed Wi-Fi, smart home devices, and streaming services.
Refers to the combined market of Europe and Asia, relevant for hosts analyzing travel trends and potentially targeting guests from these regions.