A large convention center, often located in urban areas, that can drive demand for short-term rentals due to increased visitor traffic.
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Ihme-Center
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Online platforms like Airbnb and VRBO that cater to a large volume of tourists seeking short-term accommodations.
An accounting method that allows property owners to deduct a portion of the property’s value each year to account for wear and…
The process of identifying and procuring high-end amenities and furnishings to elevate the guest experience and justify premium pricing.
A situation where a host accepts a higher offer from another guest after already accepting a booking, often leading to cancellations and…