A pricing strategy where hosts charge a higher rate for their short-term rentals due to factors such as exceptional location, amenities, luxury features, or high demand periods.
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The thorough cleaning of a short-term rental property after a guest checks out, ensuring it is spotless and sanitized for the next…
A booking option on platforms like Airbnb and VRBO that allows guests to book a property instantly without requiring host approval, potentially…
An individual or company that designs and promotes authentic local experiences for travelers, often in collaboration with short-term rental hosts.
The process of reporting income and expenses related to a short-term rental property on annual tax returns, complying with relevant tax regulations.