The use of pricing strategies that leverage psychological principles to influence guest perception and booking behavior, such as charm pricing or using the anchoring effect.
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A stand-alone residential property intended for occupation by one family, often a popular choice for short-term rentals.
Fees charged by online platforms like Airbnb and VRBO to hosts for listing their properties and facilitating bookings. These fees are typically…
Desirable features and facilities located in close proximity to a short-term rental property, such as parks, restaurants, shopping centers, or public transportation.
Additional services offered to guests beyond the basic accommodation, enhancing their experience and potentially generating extra revenue. Examples include airport transfers, grocery…