A situation in the short-term rental market where the number of available listings decreases, potentially leading to increased competition and higher prices.
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A formal written document informing a guest of their required departure from the rental property due to lease violations or unauthorized occupancy.
The total revenue generated from bookings before deducting any fees, expenses, or taxes.
Software solutions designed to assist hosts and property managers with tasks such as booking management, guest communication, and financial reporting.
The process of collecting and analyzing data related to occupancy rates, booking patterns, and revenue to optimize pricing and listing performance.