A program offered by some property management companies or platforms that guarantees a certain level of rental income to hosts, regardless of actual occupancy rates.
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The process of verifying a guest’s identity before confirming their booking, often involving government-issued ID and background checks, to enhance security and…
Key indicators used to track the success and profitability of a short-term rental business, including occupancy rate, average daily rate, and revenue…
Strategies and techniques used to maximize the occupancy rate of short-term rental properties, such as offering discounts, adjusting minimum stay requirements, and…
The integration of internet-connected devices, such as thermostats, lighting, and security systems, to enhance convenience, energy efficiency, and guest experience.