Describes the dynamic flow of income generated from various sources in short-term rental management, including nightly rates, cleaning fees, extra guest fees, and potential partnerships with local businesses.
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A percentage of the booking amount charged by platforms like Airbnb and VRBO for their services.
Customizing the guest experience to align with the preferences and expectations of the defined target market, creating memorable and personalized stays.
The process of obtaining necessary approvals and licenses from local authorities to host events or gatherings exceeding a certain size or noise…
The broader economic ecosystem encompassing short-term rental platforms, property management services, and related businesses that facilitate home sharing.