Adjusting rental rates based on fluctuations in demand throughout the year, such as higher prices during peak seasons and lower prices in the off-season.
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A term for a host who effectively manages multiple responsibilities, including guest communication, cleaning, maintenance, and marketing.
A personalized way for hosts to screen guests, answer questions, and provide a virtual tour of the property before confirming a booking.
A common lease or rental agreement provision that protects tenants’ or guests’ right to reasonable peace and quiet in their rental unit.
A hypothetical tax or increased property tax levied on large, luxurious homes, sometimes associated with short-term rentals in upscale neighborhoods.