A situation in a specific location where the number of available short-term rentals significantly exceeds guest demand, potentially leading to lower occupancy rates and price competition.
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Smart lighting systems in short-term rentals that adjust color temperature and intensity throughout the day to mimic natural light patterns, promoting better…
The practice of analyzing market data and implementing pricing strategies to maximize rental income and occupancy rates.
A one-time fee charged by some property managers to cover the initial setup of a short-term rental listing, including photography, listing creation,…
A detailed receipt provided to guests, breaking down charges for accommodation, cleaning fees, taxes, and any additional services or expenses incurred during…