Offering a discounted rate to guests in exchange for booking a non-refundable reservation, providing greater financial security for the host.
Glossary Term: Booking Policies
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A requirement set by hosts specifying the shortest allowable booking duration for their property, often varying by season or demand, to manage turnover costs and target specific guest types.
Specific criteria set by hosts regarding booking requirements, such as minimum stay length, check-in/check-out times, and cancellation policies.