(Used metaphorically) A win in STR that comes at a significant cost, such as getting a booking by lowering prices so much that it barely covers expenses.
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Applying house rules, such as no smoking or pet policies, uniformly to all guests to maintain fairness and prevent misunderstandings or disputes.
Prioritizing property upgrades and renovations that align with the evolving needs and preferences of the defined target market to maintain a competitive…
Adjusting the level of access and responsibilities granted to co-hosts or assistants involved in managing a short-term rental, such as calendar management,…
A comprehensive guidebook provides guests with essential information about the property, amenities, local attractions, and house rules.