The practice of maintaining consistent pricing for short-term rental properties across all distribution channels, including online travel agents (OTAs) and direct bookings. This prevents rate disparities and ensures a fair market value.
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The process of identifying, assessing, and mitigating potential risks associated with short-term rental operations, such as property damage, liability claims, and legal…
A measure of how quickly and effectively a host communicates with and responds to inquiries and requests from potential and current guests.
Meaning ‘sale of services’ in Swedish, this term emphasizes that short-term rental businesses are primarily selling an experience and accommodation service, not…
A pricing strategy where rental rates fluctuate based on real-time market demand, seasonality, special events, and competitor pricing. Algorithms analyze data to…