The practice of adjusting pricing and availability to maximize revenue based on factors like demand, seasonality, and competition.
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Advantages of securing bookings directly through a host’s website or channels, such as lower fees and increased control over pricing and communication.
Implementing eco-friendly practices in short-term rentals, such as energy-efficient appliances, water conservation measures, and waste reduction.
Specialized insurance policies designed to protect short-term rental property owners and managers from liability and property damage.
Monitoring, responding to, and leveraging guest reviews to improve the rental experience and attract future bookings.
Regular upkeep and repairs to ensure the short-term rental property remains in good condition for guests.
Adhering to all applicable local laws, regulations, and tax requirements related to short-term rentals.
Platforms and software that facilitate communication between hosts and guests, such as messaging apps, email automation, and multilingual support.
The use of technology to automate tasks related to short-term rental management, such as smart locks, thermostats, and lighting systems.
Curated recommendations for nearby attractions, activities, restaurants, and events to enhance the guest experience.
Strategies and techniques used to maximize the occupancy rate of a short-term rental property, such as dynamic pricing and minimum stay adjustments.
Listing a short-term rental property on multiple online travel agencies (OTAs) like Airbnb, VRBO, and Booking.com to reach a wider audience.