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.
You may also like
Using data from IoT devices to identify and mitigate potential risks, such as detecting potential security threats or monitoring environmental conditions that…
A type of insurance policy that protects the physical structure of a short-term rental property from covered perils such as fire, windstorm,…
The integration of technology and automation within a short-term rental to control and manage various aspects of the property, such as lighting,…
Providing sufficient parking space for guests’ vehicles, especially important for properties in areas with limited street parking.