Fees charged by online platforms like Airbnb and VRBO to hosts for listing their properties and facilitating bookings. These fees are typically a percentage of each booking amount.
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A pricing strategy that adjusts nightly rates based on factors like demand, seasonality, and competitor pricing to optimize revenue.
The various expenses involved in providing short-term rental services, including cleaning fees, property management fees, platform fees, and maintenance costs.
An automated message sent to guests upon successful booking confirmation, including details about the reservation, payment, house rules, and check-in instructions.
A legal arrangement where a non-profit organization provides financial and administrative support to a short-term rental business that aligns with its mission.