The ongoing relationship and repeat business generated from satisfied guests who choose to book the same short-term rental property or host again.
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A trade association representing the lodging industry, including hotels and short-term rentals, advocating for policies and providing resources to its members.
The terms and conditions that outline the penalties or refunds associated with canceling a reservation, typically varying in flexibility depending on the…
The practice of analyzing market data and implementing pricing strategies to maximize rental income and occupancy rates.
An abbreviation for “Short-Term Vacation Contract Fee,” it represents the compensation paid to a short-term rental management company for their services, typically…