A fee charged by platforms like Airbnb and VRBO to hosts for each booking made through their platform, usually calculated as a percentage of the booking amount.
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The period before a guest’s scheduled arrival date during which they can cancel their reservation without incurring any financial penalties.
Refers to the combined market of Europe and Asia, relevant for hosts analyzing travel trends and potentially targeting guests from these regions.
Strategies for maximizing the percentage of time a rental property is booked, using pricing adjustments, promotions, and calendar management.
A professional or company that manages short-term rental properties on behalf of owners, handling tasks like bookings, guest communication, and cleaning.