A short-term rental property located within a city or metropolitan area, often characterized by its proximity to urban amenities, attractions, and public transportation.
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Ensuring the long-term profitability and viability of a short-term rental business by managing expenses, optimizing pricing, and adapting to market changes.
A booking feature on platforms like Airbnb that allows guests to reserve a listing instantly without requiring host approval, potentially increasing booking…
Effective and timely communication with guests throughout their stay, from pre-booking inquiries to post-stay follow-ups.
(Derived term) Setting unrealistic expectations in STR, such as expecting full occupancy year-round, can lead to disappointment and frustration. It’s crucial to…