Refers to a situation where the number of short-term rental listings in a specific market becomes excessively high, potentially leading to increased competition and downward pressure on rental rates.
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The process of forecasting income and expenses for a short-term rental business, ensuring profitability and financial sustainability.
Additional charges applied per person beyond the standard occupancy limit set by the host for a short-term rental.
A small but thoughtful amenity that can enhance the guest experience, particularly for those traveling for business or special occasions.
Communicating with guests directly through the messaging systems provided by platforms like Airbnb and VRBO to answer questions and manage bookings.