Outlines the terms and conditions for cancelling a booking, including refund policies and penalties for both guests and hosts, as defined by platforms like Airbnb and VRBO.
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The process of determining the optimal nightly rate for a short-term rental based on factors like seasonality, demand, competition, and property features.
Actively monitoring, responding to, and managing guest reviews across various platforms, addressing concerns, highlighting positive feedback, and maintaining a strong online reputation.
A person who works remotely while traveling and often stays in short-term rentals for extended periods.
The actual price paid to acquire a property, including closing costs and other associated expenses. This is a crucial factor in calculating…