In the context of short-term rentals, this refers to periods when a property is vacant and not generating revenue between bookings.
Idle Time
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A situation in the short-term rental market where the number of available listings decreases, potentially leading to increased competition and higher prices.
The practice of analyzing data and adjusting pricing to maximize revenue from a short-term rental property.
A tax levied by local governments on short-term rental accommodations, typically based on a percentage of the rental income, which hosts are…
The approximate time that a guest expects to arrive at the property, allowing hosts to prepare accordingly.