A set of rules that determine the refund amount a guest receives if they cancel their reservation, ranging from flexible to strict.
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Real estate purchased with the primary intention of generating income, such as through renting on platforms like Airbnb and VRBO, rather than…
A booking option offered to guests at a discounted price, typically requiring full payment upfront and non-refundable in case of cancellation.
A cancellation policy that allows guests to cancel their reservation and receive a full or partial refund up to a certain point…
The percentage of time a rental property is booked over a specific period, indicating its popularity and revenue potential.