The practice of adjusting pricing and availability to maximize revenue from short-term rental properties. This involves analyzing market trends, seasonality, and competitor pricing to optimize occupancy and nightly rates.
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Adjusting rental rates higher during periods of increased travel demand, such as holidays or popular events, to capitalize on market fluctuations.
A metric that indicates the percentage of time a rental property or specific room is booked over a given period.
A small, fully functional dwelling typically ranging from 100 to 400 square feet, often marketed as a unique and sustainable lodging option…
Guidelines outlining permitted events, guest limits, noise restrictions, and liability waivers for hosting events like parties or weddings in a short-term rental.