The use of data and research to understand the performance of the short-term rental market in a specific location. This includes analyzing factors like occupancy rates, average daily rates, seasonality trends, and competitor activity to make informed investment and management decisions.
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The fundamental economic principle that influences short-term rental pricing, where higher demand and limited supply lead to increased prices, and vice versa.
The process of verifying the identity of both hosts and guests to enhance trust and security within the short-term rental community.
An independent professional who investigates and resolves complaints related to short-term rentals, acting as a mediator between guests, hosts, and platforms.
An unwritten, legal promise in a short-term rental agreement that the property is suitable for its intended purpose, meaning it’s habitable and…