A pricing model that aims to be fair and transparent for both hosts and guests, considering factors like seasonality, demand, and property amenities.
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Glossary Term: Transparency
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The practice of providing clear and accurate information to potential guests about the total cost of their stay, including cleaning fees, taxes, and any additional charges, fostering trust and transparency in the booking process.
A record of all communication between the host and the guest, including inquiries, booking confirmations, and post-stay messages.
The principle of being open and honest with potential guests about all aspects of the short-term rental, including its features, rules, and any potential drawbacks.
A situation where one party in a transaction has more information than the other, such as a host knowing more about the property’s condition than a guest.
A short-term rental property where the primary entrance or parking is accessed via an alleyway. This detail is important to disclose to guests for transparency and to manage expectations about accessibility.
A transparent breakdown of any applicable amenity fees associated with a short-term rental, clearly outlining the cost and scope of each additional service or feature.