The process of lowering rental prices during the off-season to stimulate demand and maintain a steady stream of bookings.
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Tailoring the guest experience to individual preferences and needs, such as providing local recommendations or offering customized amenities.
A situation where a guest makes a booking on a short-term rental platform like Airbnb or VRBO, but the reservation is later…
The revenue generated by hosts from short-term rentals after deducting expenses such as platform fees, cleaning costs, and maintenance.
A metric on booking platforms that measures how quickly and consistently hosts respond to guest inquiries.