Refers to the seamless integration between a property management system (PMS) and online travel agents (OTAs) like Airbnb and VRBO, enabling real-time updates of availability, rates, and bookings.
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A set of rules that determine the refund amount a guest receives if they cancel their reservation, ranging from flexible to strict.
A pricing strategy that adjusts rental rates based on factors like demand, seasonality, and competitor pricing to optimize revenue.
Implementing security measures to verify guest identities, screen for potential risks, and minimize the likelihood of issues during a short-term rental stay.
A security feature where a property only has one main entrance and exit point, controlled by a single lock or access system.