The process of predicting future demand and revenue for a short-term rental property based on historical data, market trends, and external factors. This helps hosts make informed decisions about pricing and availability.
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A small token of appreciation offered to guests upon arrival at a short-term rental, such as a bottle of wine, local snacks,…
A hypothetical example of a local occupancy tax specific to Oquawka, Illinois. Short-term rental hosts in this area would be responsible for…
Recommendations or curated activities that immerse guests in the local culture, attractions, and activities surrounding the rental property.
Over-reliance on automation in STR management, without considering the nuances of guest communication or potential technical glitches, can lead to impersonal guest…