A reservation made directly with the host or property manager, bypassing third-party platforms like Airbnb or VRBO. This can save on commission fees and allow for more personalized guest interactions.
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The percentage of time a rental property is booked over a specific period, indicating its popularity and revenue potential.
The process of evaluating potential guests based on reviews, ratings, and background checks to mitigate risks and ensure the safety of the…
Insurance that protects the physical assets of a business, such as the building, equipment, and inventory, from covered perils like fire, theft,…
The fluctuation in income that short-term rental hosts may experience due to factors like seasonality, demand, and competition.