A booking that has a higher than usual likelihood of cancellation, modification, or no-show, often due to factors like last-minute booking or a guest’s booking history.
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A method used to determine the fair market value of a property, considering factors like location, condition, and recent sales of comparable…
A financial professional who can provide valuable tax and accounting advice to short-term rental owners and managers.
Utilizing software or platforms to manage reservations, calendars, and guest communication efficiently, ensuring accurate booking information and preventing double bookings.
A comprehensive and intensive marketing effort aimed at rapidly increasing bookings and brand awareness for short-term rental properties, often employing a multi-channel…