A pricing strategy that considers factors like demand, seasonality, and competitor pricing to optimize rental rates based on guest behavior.
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Specialized insurance coverage protecting hosts from liability claims arising from accidents, injuries, or property damage during events held at their rental property.
A designated savings account where a portion of rental income is set aside to cover future property maintenance and repair expenses.
Highlights the importance of paying close attention to detail in all aspects of short-term rental management, from property maintenance to guest communication.
A legally binding contract between a property owner and a property manager outlining the terms and conditions of their professional relationship.