A software function or tool that automatically calculates and updates nightly rates for short-term rentals based on various factors like seasonality, demand, and competitor pricing.
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The net amount of money generated by a short-term rental property after deducting all expenses, including mortgage payments, utilities, and management fees.
Maintaining consistent pricing for a short-term rental property across all distribution channels to avoid discrepancies and guest confusion.
Refers to the Norwegian Health, Safety, and Environment (HSE) regulations relevant to short-term rentals. Hosts are responsible for meeting specific requirements to…
A policy outlining the consequences for guests who book a short-term rental but do not show up, typically involving partial or full…