The process of researching and comparing the average nightly rates of similar short-term rental properties based on their square footage in a specific location, used to inform pricing strategies.
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Using software or tools to keep booking calendars updated in real-time across all platforms, preventing double-bookings and ensuring accuracy.
A detailed itemization of individual utility expenses (e.g., electricity, water, gas) for a specific period, such as a month or a guest’s…
Additional services offered to guests for an extra fee, such as airport transportation, grocery delivery, or local tour arrangements, enhancing the guest…
Legal obligations and regulations imposed by local authorities that short-term rental hosts must adhere to, often involving licenses or permits.