The practice of adjusting rental prices based on factors like demand, seasonality, and competition to maximize revenue.
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A comprehensive record of all expenses incurred in a year related to a short-term rental property, including mortgage payments, utilities, maintenance, and…
A secure online service that processes payments from guests to hosts for short-term rental bookings. Payment gateways facilitate secure transactions, manage refunds,…
The expected deterioration of a property due to regular use, distinguishing it from damage caused by guests, relevant for security deposits.
Developing plans to mitigate the impact of unexpected events like power outages, internet disruptions, or natural disasters on guest stays.