The terms and conditions that outline the penalties or refunds associated with canceling a reservation, typically varying in flexibility depending on the time frame and platform policies.
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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 pricing strategy that aims to maximize revenue by analyzing demand patterns, optimizing pricing, and adjusting inventory availability.
Implementing eco-friendly practices and amenities in the rental property to minimize environmental impact and appeal to environmentally conscious guests.
Local regulations that limit the amount of noise permissible in residential areas, often impacting short-term rentals regarding parties and gatherings.