A booking policy that imposes stricter terms and conditions for cancellations, typically resulting in higher penalties for guests.
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The process of preparing a short-term rental for new guests between bookings, including cleaning, restocking supplies, and performing necessary maintenance.
A short-term rental listing that is well-structured, informative, and easy for potential guests to navigate and understand.
A metric that measures the percentage of time a vacation rental property is booked over a specific period, indicating its occupancy performance.
The organic promotion of a short-term rental business through positive guest reviews, recommendations, and referrals, leveraging guest satisfaction to drive future bookings.