High-end and unique amenities offered in luxury short-term rentals to attract discerning guests, such as private pools, home theaters, or concierge services.
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An agreement where a property owner grants a single property manager or platform exclusive rights to market and manage their short-term rental.
Disagreements or conflicts that may arise between hosts, guests, or utility providers regarding the accuracy or responsibility for utility charges.
The rivalry among traditional lodging establishments like inns and short-term rentals in Old Lyme, Connecticut, for tourist bookings and revenue.
Conducting thorough research to understand the target market, competitor pricing, and local demand trends to optimize pricing and marketing strategies.