The initial expenses incurred by hosts before listing and renting out their property on platforms like Airbnb and VRBO, including cleaning fees, photography, and listing fees.
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The percentage of bookings that are canceled by either the host or the guest within a specific timeframe.
The process of tracking, organizing, and managing the supplies, amenities, and equipment necessary to operate a short-term rental property efficiently.
A dynamic pricing model where rental rates are adjusted regularly based on factors like demand, seasonality, and competitor pricing.
Algorithms that automatically adjust rental rates based on factors such as demand, seasonality, and competitor pricing.