The strategic approach of maximizing rental income by adjusting pricing, availability, and marketing efforts based on factors like demand and seasonality.
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Areas within a short-term rental property that are shared by multiple guests or units, such as common areas, hallways, or outdoor spaces.
A monthly or quarterly report provided by Airbnb or VRBO to property owners, detailing reservation details, payouts, and fees.
Insurance or security deposit options that protect hosts from financial losses due to accidental damage or guest negligence during a booking period.
The effects, both positive and negative, that short-term rentals can have on the local community, including housing affordability, noise levels, and neighborhood…