(Derived term) Setting unrealistic expectations in STR, such as expecting full occupancy year-round, can lead to disappointment and frustration. It’s crucial to set achievable and realistic goals.
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Implementing pricing strategies based on factors like demand, seasonality, and competition to maximize rental income and profitability.
The process of ending a contract between a property owner and a short-term rental management company.
Activities, attractions, and recommendations for things to do and see in the vicinity of the rental property, enhancing the guest experience.
Additional perks or services offered to guests free of charge, such as toiletries, snacks, Wi-Fi, or access to amenities like a pool…