Local regulations and safety standards mandating the installation and maintenance of smoke alarms in short-term rentals to ensure guest safety in case of fire.
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A comparison of a specific metric (e.g., revenue, bookings) between the current year and the previous year, used to track performance trends.
Strategies for maximizing the percentage of time a rental property is booked, using pricing adjustments, promotions, and calendar management.
A situation in the short-term rental market where the number of available listings decreases, potentially leading to increased competition and higher prices.
Indicates that a short-term rental property is equipped to accommodate guests who are deaf or hard of hearing, often featuring visual aids,…