The use of technology to automate tasks and processes related to short-term rental management, such as smart home devices, automated messaging, and online booking systems.
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A fee charged by payment processors for each transaction made using a credit card. This fee is typically a percentage of the…
The process of confirming the identity of guests booking a short-term rental to prevent fraudulent bookings and ensure safety and security.
The revenue generated by hosts from short-term rentals after deducting expenses such as platform fees, cleaning costs, and maintenance.
Implementing pricing strategies based on factors like demand, seasonality, and competition to maximize rental income and profitability.