A fee charged by payment processors for each transaction made using a credit card. This fee is typically a percentage of the transaction amount plus a fixed fee per transaction.
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The remaining income from a short-term rental after deducting all expenses, including cleaning fees, management fees, and operating costs.
A pricing strategy where hosts set their rates just below a significant price point to attract budget-conscious travelers.
Software used to manage and analyze customer interactions and data throughout the guest lifecycle, from inquiry to post-stay follow-up.
The ability to communicate with guests in multiple languages, either through the host’s own skills or by utilizing translation services, enhancing the…