A situation where one party in a transaction has more information than the other, such as a host knowing more about the property’s condition than a guest.
You may also like
A percentage-based fee charged by platforms like Airbnb and VRBO to hosts for using their services, including listing exposure, booking processing, and…
Providing pet-friendly amenities like bowls, beds, toys, and waste bags to accommodate guests traveling with pets and enhance their experience.
A designated space within a short-term rental property for guests to enjoy meals.
An increase in the percentage of booked nights over a specific period, indicating growing demand and potentially allowing for higher rental rates.