The system by which short-term rental platforms and property managers handle secure financial transactions between guests and hosts, including booking payments, security deposits, and any additional fees.
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A pricing strategy where hosts increase their nightly rates during periods of high demand for short-term rentals, such as holidays, special events,…
Simulated reservations used to check the functionality of booking systems, identify potential issues, and ensure a smooth booking experience for guests.
A pricing strategy that appears successful in the short term but ultimately undermines profitability or long-term sustainability. This might involve consistently undercutting…
A booking option that allows guests to reserve a property immediately without requiring host approval, streamlining the process for both parties.