Measures taken by hosts to protect their property from potential damage caused by guests, including security deposits, insurance policies, and clear house rules to minimize risks.
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Characterizes a highly efficient and integrated approach to managing short-term rentals, often leveraging technology and automation to streamline operations.
The percentage of time a rental property is booked over a specific period, a key metric for revenue management.
The terms and conditions that dictate the refund amount a guest receives if they cancel their booking, ranging from flexible to strict.
A setup of speakers, often including a subwoofer, providing high-quality audio throughout the rental, enhancing guest entertainment options.