The practice of increasing nightly rates for short-term rentals during periods of high demand, such as holidays, special events, and peak travel seasons.
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Specialized insurance policies designed to cover the unique risks associated with short-term rentals, providing liability protection, property damage coverage, and income replacement.
An initial payment made when purchasing an investment property for short-term rentals, typically a percentage of the total purchase price.
The rivalry among traditional lodging establishments like inns and short-term rentals in Old Lyme, Connecticut, for tourist bookings and revenue.
Using historical data and market trends to predict future occupancy rates, aiding in pricing and revenue management.