The practice of maintaining consistent pricing for short-term rental properties across all distribution channels, including online travel agents (OTAs) and direct bookings. This prevents rate disparities and ensures a fair market value.
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The process of examining a PnL statement to identify trends, patterns, and insights into the financial performance of a short-term rental business.
Risks associated with political instability, terrorism, or other events that can impact travel and tourism. Short-term rental hosts and property managers should…
A highly-rated and respected host on platforms like Airbnb and VRBO, known for exceptional guest experiences.
An accounting method that allows property owners to deduct a portion of the property’s value each year to account for wear and…