The practice of strategically setting rental rates, analyzing market demand, and adjusting pricing to maximize occupancy and profitability for short-term rentals.
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A security system with 24/7 professional monitoring that can provide alerts in case of emergencies, enhancing guest safety and property protection.
A predetermined amount deducted from a security deposit or rental income to cover the normal depreciation of property and furnishings due to…
The percentage of time a rental property is booked over a specific period, a key metric for revenue management.
A pricing strategy that automatically adjusts the nightly rate of a short-term rental property based on real-time market demand, competitor pricing, and…