A situation where the number of short-term rentals in a specific area exceeds guest demand, potentially impacting occupancy rates.
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The agreed-upon timeline for rental payments, including deposit, balance due date, and any payment installments.
An automated process that sends guests a confirmation email with booking details, payment information, and check-in instructions upon successful reservation on platforms…
Using local, drought-tolerant plants in the short-term rental’s outdoor spaces to minimize water usage, reduce maintenance, and enhance the property’s aesthetic appeal.
A prediction of future occupancy rates based on historical data, market trends, and other relevant factors, used to inform pricing and revenue…