The use of data and research to understand the performance of the short-term rental market in a specific location. This includes analyzing factors like occupancy rates, average daily rates, seasonality trends, and competitor activity to make informed investment and management decisions.
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The understanding that short-term rental operators must adhere to all applicable local regulations, licensing requirements, and tax obligations.
Describes a host’s willingness to go above and beyond to accommodate guest requests and ensure a positive rental experience. This can include…
The legal and ethical considerations surrounding the collection, storage, and use of guest personal information by short-term rental hosts and platforms.
The economic landscape of the short-term rental industry, encompassing factors like supply and demand, pricing trends, and competitive dynamics.