The use of software to automate communication with guests, such as booking confirmations, check-in instructions, and post-stay reviews.
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The practice of maintaining consistent pricing for short-term rental properties across all distribution channels, including online travel agents (OTAs) and direct bookings….
A situation where a guest makes a booking on a short-term rental platform like Airbnb or VRBO, but the reservation is later…
The ongoing upkeep and repair of a short-term rental property, ensuring it remains functional and appealing to guests. This includes tasks like…
Expenses that remain relatively constant regardless of occupancy rates, such as mortgages, property taxes, and insurance. Understanding fixed costs helps hosts determine…