(Used metaphorically) A win in STR that comes at a significant cost, such as getting a booking by lowering prices so much that it barely covers expenses.
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The absolute maximum number of guests allowed to sleep in a short-term rental property, often dictated by local regulations or safety codes.
Insurance or security deposit options that cover potential damages to the rental property caused by guests during their stay.
A dynamic pricing strategy that adjusts rates based on the frequency of bookings within a specific time period, often used to maximize…
A collaborative group formed by industry stakeholders, government agencies, and community representatives to address issues related to short-term rentals.