A booking policy that imposes stricter terms and conditions for cancellations, typically resulting in higher penalties for guests.
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A business model that combines a physical presence, such as a property management company, with an online presence, like listings on Airbnb…
Applying the Pareto Principle to short-term rental amenities, suggesting that 80% of guest satisfaction likely comes from 20% of the amenities offered.
Refers to the increasing use of technology and automation in the short-term rental industry, such as smart home devices, automated messaging, and…
An Albanian word for “reasonable.” Setting clear and “gjykueshëm” or reasonable house rules, such as noise levels and check-in/check-out times, helps manage…