A legally binding contract between the property owner/manager and the guest outlining the terms and conditions of the short-term rental, including rental duration, payment terms, house rules, and liabilities.
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A nightly rate for a short-term rental that has been adjusted based on historical occupancy and demand data, similar to how hotels…
Refers to a situation where the number of short-term rental listings in a specific market becomes excessively high, potentially leading to increased…
A feature that allows guests to book a listing instantly without requiring host approval, streamlining the booking process and potentially increasing reservations.
A pricing strategy where hosts provide customized quotes for bookings based on factors like length of stay, seasonality, and number of guests.