Strategies and techniques used to maximize the occupancy rate of a short-term rental property, such as adjusting pricing, using multiple booking channels, and offering promotions.
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Adhering to fair housing laws and platform policies by maintaining a non-discriminatory hosting policy, welcoming guests from all backgrounds and demographics.
A refundable amount held by the host to cover potential damages or losses incurred by the guest during their stay.
Some insurance companies or lenders might have minimum property value requirements for short-term rental insurance or mortgages.
A dynamic pricing strategy where rental rates are adjusted based on fluctuations in demand due to seasonal changes, holidays, or local events.