The strategic approach to maximizing rental income by adjusting pricing based on factors like seasonality, demand, competition, and special events.
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The degree to which a short-term rental business streamlines its operations, communication, and processes for optimal performance.
Obtaining appropriate insurance policies, including property and liability coverage, to protect against potential risks associated with short-term rentals.
The process of verifying the identity and assessing the suitability of potential guests before accepting a booking request, to mitigate risks and…
The system of rules, regulations, and processes that govern the short-term rental industry, including platforms like Airbnb and VRBO.