A situation where the number of short-term rentals in a specific area exceeds guest demand, potentially impacting occupancy rates.
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An arrangement allowing guests to check out of a rental property later than the standard check-out time, often for an additional fee…
The exchange of information, inquiries, and updates between guests and hosts throughout the booking process and duration of the stay.
The specific needs, desires, and expectations of guests when searching for and booking short-term rentals, such as amenities, location, or property type.
The strategic approach of maximizing rental income by adjusting pricing, availability, and marketing efforts based on factors like demand and seasonality.