A legally binding contract between the host and guest outlining the terms and conditions of the short-term rental, including booking details, house rules, cancellation policies, and liability waivers.
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A set of questions sent to potential guests before booking to gather information about their travel purpose, preferences, and expectations, helping hosts…
A dynamic pricing model that adjusts rates based on factors like seasonality, demand, and competitor pricing to maximize revenue.
(Derived term) Setting unrealistic expectations in STR, such as expecting full occupancy year-round, can lead to disappointment and frustration. It’s crucial to…
Crucial safety measures for short-term rentals, including smoke detectors, carbon monoxide detectors, fire extinguishers, and first aid kits.