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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A broader term encompassing various forms of renting out one’s primary residence or a portion of it for short periods, often facilitated…
Time-sensitive communication between hosts, guests, or property managers regarding critical issues that require immediate attention, such as emergencies or urgent maintenance requests.
A trend in short-term rentals where hosts aim to provide guests with unique and memorable stays that go beyond basic accommodation, often…
The process of determining the profitability of a short-term rental by subtracting expenses from revenue, expressed as a percentage.