The strategy of listing and promoting short-term rental properties on multiple online travel agents (OTAs) like Airbnb and VRBO to reach a wider audience and maximize bookings.
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The percentage of bookings that are canceled by either the host or the guest within a specific timeframe.
Taxes levied on short-term rental income by local or state governments, often subject to specific regulations and collection methods.
A stay that leaves a lasting positive impression on guests, often characterized by exceptional service, unique amenities, or a memorable atmosphere.
The process of researching and evaluating similar short-term rental properties in the same area to understand market trends, pricing strategies, and competitive…