The practice of predicting future rental income based on historical data, market trends, and seasonal demand to optimize pricing and maximize revenue.
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The proactive practice of shaping guest perceptions and online reputation through positive reviews, prompt communication, and addressing concerns.
Insurance policies and security measures designed to protect short-term rental hosts from potential liabilities, property damage, and other risks associated with renting…
A comprehensive management approach where a third-party company handles all aspects of a short-term rental, from listing creation to guest communication and…
A pricing strategy to be wary of, where hosts add numerous small fees for basic amenities or services, potentially deterring guests.