The phenomenon where a platform or service becomes more valuable as more users join and contribute to it, such as the increasing number of listings and guests on Airbnb and VRBO.
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A system for monitoring rental income, expenses, and financial performance of the short-term rental business, often using spreadsheets or specialized software.
Local regulations and ordinances that specifically govern short-term rentals during the third quarter, potentially addressing noise levels, parking, and occupancy limits.
A large convention center, often located in urban areas, that can drive demand for short-term rentals due to increased visitor traffic.
A platform where both hosts and guests can provide feedback and ratings on their experiences, fostering transparency and accountability.