The process of determining the total usable living space within a short-term rental property, typically measured in square feet and used for listing descriptions and pricing strategies.
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A dynamic pricing model that adjusts rates based on factors like seasonality, demand, and competitor pricing to maximize revenue.
A dedicated team or individuals responsible for maintaining cleanliness and hygiene standards within a short-term rental property, ensuring a positive guest experience.
Regulations and guidelines set by a homeowner’s association that may impact short-term rental operations, such as limitations on rental duration, occupancy limits,…
The prevailing rental rate for similar properties in the same market area, used as a benchmark for setting competitive pricing.