A measure of how much of the potential market for short-term rentals in a specific location is being captured by existing listings.
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A promotional offer that provides a reduced rate for guests who book a minimum stay of two nights, encouraging longer bookings.
A group of similar short-term rental properties in the same market area that compete for the same pool of guests.
Insurance or security deposits that cover costs associated with accidental or intentional damage to the property caused by guests.
The process of forecasting income and expenses for a short-term rental business, ensuring profitability and financial sustainability.