A program that encourages tourism development that benefits local communities, often through partnerships with local businesses and organizations. Short-term rental hosts can participate in such programs to enhance their offerings and contribute to the local economy.
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A pricing strategy where the price of a short-term rental approaches a certain level as the booking date gets closer. This strategy…
The realistic profit potential of a short-term rental property after accounting for all expenses, including mortgage payments, property taxes, utilities, and management…
The process of improving a short-term rental listing to attract more bookings and achieve higher search rankings.
Maintaining clear and proactive communication with guests throughout their stay, providing timely responses to inquiries, and addressing any concerns promptly.