An agreement between a host and a guest to cancel a confirmed booking, typically initiated due to unforeseen circumstances or a change in plans by either party.
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Refers to instances where a property appears occupied on a short-term rental platform despite being actually vacant, often employed to manipulate search…
Methods employed to vet potential guests before confirming bookings, including verifying identities, reviewing guest profiles, and setting reservation requirements.
A set of questions sent to potential guests before booking to assess their suitability and minimize risks associated with hosting.
Key performance indicators (KPIs) used to evaluate the effectiveness and profitability of short-term rental agreements, such as occupancy rate, average daily rate…