The prevailing rental rate for similar properties in the same market area, used as a benchmark for setting competitive pricing.
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Regular inspection and upkeep of water heaters in short-term rentals to ensure their safe and efficient operation, including flushing the tank, checking…
A third-party company that handles the day-to-day operations of a short-term rental property, including marketing, booking, guest communication, and maintenance.
The process of managing availability calendars across multiple short-term rental platforms (like Airbnb and VRBO) to avoid double-bookings and optimize occupancy rates.
Combining various pricing models, such as nightly rates, weekly discounts, and seasonal adjustments, to optimize revenue while remaining competitive within the market.