Adjusting the terms and conditions under which guests can cancel their reservation, ranging from flexible to strict, impacting both guest booking behavior and host income stability.
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Specialized insurance policies designed to cover multiple short-term rental properties under a single policy, often offering broader coverage than traditional homeowner’s insurance.
Permanent elements attached to a short-term rental property, like built-in appliances, fixtures, or structural components, that are legally considered part of the…
Refers to the cyclical pattern of bookings a short-term rental experiences throughout the year, often influenced by seasonality, local events, and travel…
Implementing eco-friendly practices in short-term rentals, such as energy-efficient appliances, water conservation measures, and waste reduction initiatives.