The percentage of time a short-term rental property is booked over a specific period. A high occupancy rate indicates strong demand and revenue potential.
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The speed at which hosts respond to booking inquiries and guest messages, crucial for securing bookings and providing excellent customer service.
A reduced rate offered to guests who book multiple rooms or a set number of nights, common for events or large groups.
Specific rules and regulations imposed by local governments on short-term rental operations, including licensing, permits, and occupancy limits.
A dynamic pricing model that adjusts rates based on factors like seasonality, demand, and competitor pricing to maximize revenue.