The practice of contracting specific business processes, such as guest communication, cleaning, or maintenance, to external service providers specializing in short-term rentals.
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A clause in an insurance policy that prevents the insurance company from suing the renter for damages they have already covered for…
Software or websites that allow hosts and property managers to compare pricing and occupancy data from different platforms like Airbnb and VRBO.
Adjusting rental rates dynamically based on factors like seasonality, demand, and special events to optimize occupancy and revenue.
A significant upgrade or renovation to a property that increases its value, lifespan, or functionality.