A feature offered by some property management companies or platforms that guarantee a minimum number of bookings or rental income for a specific period.
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Reservations made for multiple guests, often requiring specific accommodations or amenities to cater to larger parties.
A legally binding agreement between the host and the guest outlining the terms and conditions of the stay.
Detailed reviews and ratings provided by guests on platforms like Airbnb and VRBO, assessing the quality of the rental, host communication, and…
The percentage of time a rental property is booked over a specific period, a key metric for revenue management.