The use of technology to automate tasks and processes related to managing a vacation rental, such as smart locks, automated messaging, and dynamic pricing.
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A percentage of the booking revenue charged by property management companies or platforms like Airbnb and VRBO for their services.
Expenses that remain relatively constant regardless of occupancy rates, such as mortgages, property taxes, and insurance. Understanding fixed costs helps hosts determine…
The period between when a guest can make a reservation and the actual check-in date for a short-term rental, influencing pricing and…
Allowing guests to book a portion of a night, offering flexibility for travelers with unconventional itineraries or those needing accommodation for a…