Allowing guests to control the property’s thermostat through a smartphone app or smart home system, often within set temperature ranges to prevent excessive energy use.
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A collaborative approach where short-term rental hosts establish mutually beneficial relationships with local businesses to enhance guest experiences and generate referrals.
The opportunity for guests and hosts to learn about different cultures and perspectives through short-term rental experiences.
An economic model based on the sharing of resources, such as homes or apartments, through online platforms like Airbnb and VRBO.
A metric that measures the percentage of time a vacation rental property is booked over a specific period, indicating its occupancy performance.