The practice of predicting future demand for short-term rentals based on historical data, seasonal trends, and local events to optimize pricing and availability.
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Specialized software designed to manage multiple short-term rental properties from a centralized platform, streamlining operations and bookings for property managers.
Specific rules and licensing requirements set by the city of Ottawa, Canada, governing short-term rentals, impacting hosts operating within the city.
Direct costs associated with providing short-term rental services, such as cleaning supplies, toiletries, and utilities, used to calculate profitability.
A legally binding contract outlining the responsibilities and compensation structure between a primary host and a co-host.