The shared responsibility of tracking income, expenses, and generating financial reports for a short-term rental, often facilitated by property management software or collaborative spreadsheets accessible to both owners and co-hosts or property managers.
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Dynamic pricing strategies that use algorithms to adjust rental rates based on factors like demand, seasonality, and competitor pricing.
Utilizing technology and data-driven approaches to vet potential guests, checking for red flags and ensuring they align with the property’s rules and…
The shortest period a guest can book a short-term rental for, often varying by season or demand.
The practice of setting the most profitable price for a short-term rental based on factors like demand, seasonality, competitor pricing, and property…