A pricing strategy where the price of a short-term rental approaches a certain level as the booking date gets closer. This strategy often involves lowering prices as the check-in date nears to avoid vacancy.
You may also like
A metric used to assess the spaciousness and comfort of a short-term rental property, calculated by dividing the total square footage by…
A metaphorical term referencing the Norse god of the sea and wind, representing the unpredictable nature of the short-term rental market and…
Temporary price reductions offered to guests as incentives to book, often during low season or to attract last-minute bookings.
High-end and durable finishes, such as granite countertops, stainless steel appliances, and hardwood floors, that add a touch of luxury and enhance…