A last-minute or spontaneous booking made by a guest with little to no prior planning.
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A colloquialism for security measures implemented at short-term rental properties, such as security cameras, smart locks, and noise monitoring devices.
The charges imposed by short-term rental platforms like Airbnb and VRBO for using their services, typically a percentage of each booking.
A location experiencing high demand for short-term rentals, characterized by strong occupancy rates, competitive pricing, and potential for investment.
The use of pricing strategies that leverage psychological principles to influence guest perception and booking behavior, such as charm pricing or using…