The fundamental economic principle that influences short-term rental pricing, where higher demand and limited supply lead to increased prices, and vice versa.
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The process of identifying and evaluating potential risks associated with owning and operating a short-term rental, including property damage, liability claims, legal…
Maintaining clear and prompt communication with guests throughout their stay, addressing inquiries and resolving issues effectively.
The phenomenon where urban areas experience higher temperatures than surrounding rural areas, potentially impacting guest comfort and energy consumption in short-term rentals.
An official authorization required by some jurisdictions for operating a short-term rental property legally.