Unique and desirable amenities that generate excitement and attract guests, such as hot tubs, game rooms, or outdoor entertainment areas.
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The terms and conditions outlining the consequences of a guest canceling their reservation, including potential refunds or penalties.
The process of determining the economic value of a business, often used when selling or merging a short-term rental business.
A pricing strategy to be wary of, where hosts add numerous small fees for basic amenities or services, potentially deterring guests.
A targeted marketing strategy that focuses on attracting guests from specific geographic areas, often within driving distance, to maximize occupancy during off-seasons…