A booking feature on platforms like Airbnb that allows guests to reserve a listing instantly without requiring host approval, potentially increasing booking rates.
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A community-based program where residents, including short-term rental hosts, look out for suspicious activity and report it to authorities.
A measure of the profitability of a short-term rental property, calculated as the annual rental income divided by the property value, expressed…
The process of monitoring, responding to, and managing guest reviews and feedback across various platforms to improve guest satisfaction and online reputation.
A situation in the short-term rental market where the number of available listings decreases, potentially leading to increased competition and higher prices.