The implementation of strategic pricing and revenue optimization techniques to maximize rental income and occupancy rates throughout the year, considering factors like demand fluctuations and competitor pricing.
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The income generated from renting out a property on a short-term basis, typically calculated on a nightly or weekly basis.
A hypothetical example of a local occupancy tax specific to Oquawka, Illinois. Short-term rental hosts in this area would be responsible for…
Specialized care and upkeep required for high-end infinity pools often found in luxury vacation rentals, ensuring proper water chemistry, cleanliness, and functionality.
A common bed size offered in short-term rentals, typically measuring 60 inches wide by 80 inches long, suitable for two adults.