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 upkeep and care of a rental property’s exterior, including landscaping, painting, and repairs to ensure curb appeal and functionality.
The process of cleaning and preparing a short-term rental property between guest stays, often involving professional cleaning services, laundry, and restocking amenities.
A pricing strategy where hosts constantly adjust their rates up and down in response to competitor pricing and demand fluctuations.
A refundable amount held by the host to cover potential damages to the property during a guest’s stay.