The process of gathering and analyzing data about the short-term rental market, including competitor analysis, pricing trends, and guest preferences.
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A strategic gap intentionally left in the booking calendar to accommodate unforeseen circumstances, such as last-minute cancellations or cleaning delays.
Implementing eco-friendly measures in short-term rental operations, such as energy-efficient appliances, water conservation efforts, waste reduction, and the use of sustainable products.
Providing guests with the option to rent additional furniture or equipment during their stay, such as cribs, high chairs, or extra beds.
A pricing strategy where hosts set their rates just below a significant price point to attract budget-conscious travelers.