The process of managing and tracking the redemption of vouchers or coupons offered by short-term rental businesses, ensuring proper validation, accounting, and customer satisfaction.
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Window treatments designed to block out light, often provided in bedrooms of short-term rentals to ensure a good night’s sleep for guests.
A legally binding agreement between a property owner and a property manager that outlines the terms of their business relationship.
(Used metaphorically) A win in STR that comes at a significant cost, such as getting a booking by lowering prices so much…
The process of adjusting rental prices based on factors like seasonality, demand, and competition to maximize occupancy and revenue.