Renting out a portion of one’s primary residence to guests on a short-term basis, typically while the host is also residing in the property.
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A broad term encompassing various types of lodging options beyond traditional hotels, including short-term rentals, vacation rentals, and serviced apartments.
Building relationships with other short-term rental hosts, industry professionals, and local businesses. Networking can provide valuable insights, support, and potential partnerships.
Setting a timeframe for the validity of provided quotes to manage booking expectations and account for potential price fluctuations.
Dynamic pricing strategies that use algorithms to adjust rental rates based on factors like demand, seasonality, and competitor pricing.