The dynamic adjustment of rental rates based on factors like seasonality, demand, competition, and property features to maximize occupancy and revenue while remaining competitive.
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A charge levied by some property management companies or platforms to cover the administrative costs associated with managing a short-term rental property.
A safety device used to put out small fires, required in most short-term rentals to meet fire safety regulations.
Procedures implemented to verify the identity of guests before confirming their booking, enhancing security and reducing risks.
A digital or physical guide provided to guests upon arrival, containing essential information about the property, local area, house rules, and contact…