A business model where individuals rent properties on long-term leases and then sublet them on short-term rental platforms like Airbnb and VRBO for a profit.
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In the context of short-term rental management, breakage refers to revenue lost due to cancellations, guest no-shows, or other unforeseen circumstances.
Strategies for optimizing short-term rental pricing to maximize revenue, considering factors like seasonality, demand, and competitor pricing.
Using an iPad as a dedicated communication tool for guests to contact the host, request services, or access property information.
Utilizing automated messaging tools to streamline communication, provide instant responses to common inquiries, and personalize guest interactions.