Strategies implemented by hosts to address and potentially minimize the impact of negative reviews received on platforms like Airbnb and VRBO, aiming to maintain a positive reputation.
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Offering a discounted rate to guests in exchange for booking a non-refundable reservation, providing greater financial security for the host.
Amenities listed in a property description that are so standard they are almost unnecessary to mention, yet often included for emphasis, e.g.,
A metric used in real estate and short-term rental analysis, comparing the average purchase price of a property to the average annual…
Favorable feedback from previous guests, displayed on short-term rental platforms, influencing the booking decisions of potential future guests.