The process of adjusting the nightly, weekly, or monthly rates for a short-term rental property based on factors like seasonality, demand, competition, and business goals.
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Characterizes a highly efficient and integrated approach to managing short-term rentals, often leveraging technology and automation to streamline operations.
A rental property that is specifically marketed towards digital nomads and remote workers, often featuring amenities like high-speed internet, dedicated workspaces, and…
The integration of technology like smart locks, thermostats, and security systems to enhance guest experience and streamline operations.
The expected deterioration of a rental property and its furnishings due to normal use by guests over time.