A pricing strategy where a single, consistent nightly rate is charged for the short-term rental, regardless of the season or demand.
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A formal agreement between two or more parties, such as a property manager and a local business, to collaborate on marketing efforts…
The terms and conditions that outline the refund policy for guests who need to cancel their booking, ranging from flexible to strict.
The process of determining the profitability of a short-term rental by subtracting expenses from revenue, expressed as a percentage.
A feature on some platforms that allows guests to book a property instantly without waiting for host approval, often increasing booking rates.