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 pricing strategy that adjusts rental rates based on predictable fluctuations in demand, such as holidays, weekends, and special events.
The percentage of time a short-term rental property is booked and occupied by paying guests over a specific period, indicating the property’s…
Implementing a dynamic pricing approach that adjusts rental rates across all booking platforms based on factors like demand, seasonality, and competitor pricing.
A policy implemented by some hosts prohibiting the use of scented candles, air fresheners, or other strong fragrances in their rental property,…