An abbreviation for “Short-Term Vacation Contract Fee,” it represents the compensation paid to a short-term rental management company for their services, typically calculated as a percentage of the rental income generated.
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Svc Fee
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Dynamic pricing models used by hosts and property managers to adjust rental rates based on factors like demand, seasonality, competitor pricing, and…
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Adjusting rental rates higher during periods of increased travel demand, such as holidays or popular events, to capitalize on market fluctuations.
Integration of devices like smart locks, thermostats, and lighting that can enhance guest experience, improve security, and enable remote property management.