Charges imposed by online travel agencies (OTAs) like Airbnb and VRBO on hosts for each booking made through their platforms, typically calculated as a percentage of the reservation value.
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A pricing strategy where hosts offer reduced rates for guests who book longer stays, incentivizing extended bookings.
The various facilities and conveniences offered to guests in a short-term rental, categorized as essential, standard, or luxury amenities.
A dynamic pricing approach that considers multiple factors like seasonality, demand, competitor pricing, and property amenities to determine optimal rental rates and…
Implementing sustainable and environmentally responsible methods in short-term rental operations, such as using eco-friendly cleaning products and reducing energy consumption.