The normal deterioration of a property and its furnishings due to regular use over time, as opposed to damage caused by negligence or misuse.
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Glossary Term: Airbnb Hosting
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A reduced rate offered to guests who book a short-term rental for a full week or longer, incentivizing extended stays and increasing occupancy during slower periods.
The nightly or total price charged for a short-term rental stay that includes a Friday and/or Saturday night, often set at a premium compared to weekday rates due to higher demand.
The concept of maintaining a healthy equilibrium between work responsibilities and personal time, particularly relevant for short-term rental hosts who need to manage their businesses while also enjoying their own lives.