A marketing tactic where short-term rental hosts offer a free stay or discounts to contest winners to increase brand visibility and attract bookings.
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The profit earned from a short-term rental property after deducting all expenses, including cleaning fees, management fees, and platform fees.
Communication between hosts and guests through platform messaging systems or other channels, facilitating booking inquiries, check-in instructions, and support.
The practice of listing a property on multiple short-term rental platforms, like Airbnb and VRBO, to maximize occupancy.
Researching and understanding the specific trends, competition, and pricing dynamics within a particular geographic area to inform listing optimization and revenue management.