A reservation made directly with the host or property manager, bypassing third-party platforms like Airbnb or VRBO. This can save on commission fees and allow for more personalized guest interactions.
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An agreement between a short-term rental operator and a local government or tax authority where the operator agrees to collect and remit…
Regularly surveying the pricing strategies of comparable short-term rental properties in the same market area on a weekly basis to stay informed…
A hypothetical approach to revenue management that involves adjusting pricing and availability strategies in real-time based on market demand and other relevant…
A tax levied on short-term rentals, typically collected from guests and remitted to local authorities.