A type of mortgage where the interest rate fluctuates based on market conditions. This can impact short-term rental owners who use mortgages to finance their properties, as fluctuating interest rates can affect profitability.
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Personalized assistance provided to guests, often including recommendations, booking arrangements for activities, and other services that enhance their stay.
Digital systems used to manage guest check-ins, communications, and other operational tasks typically handled by a front desk in traditional hotels.
A pricing strategy for short-term rentals that involves offering discounted rates during shoulder seasons (the periods between peak and off-season) to attract…
A physical or digital guide provided to guests upon arrival, containing essential information about the property, amenities, house rules, and local recommendations.