(While not directly related to STR, it can be used metaphorically) Just as the square of the hypotenuse is equal to the sum of the squares of the other two sides, success in STR management relies on the combined strength of various elements – guest experience, pricing, marketing, etc.
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A booking option on some platforms where the host is guaranteed payment even if the guest cancels, often at a higher commission…
Refers to the rental policies set by hosts or property managers that are designed to be flexible and accommodating to guests, such…
The approximate time that a guest expects to arrive at the property, allowing hosts to prepare accordingly.