A pricing strategy where the nightly rate for a short-term rental fluctuates based on factors like demand, seasonality, or length of stay.
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Excess consumption of utilities (electricity, water, etc.) beyond a predetermined limit set by the host, potentially leading to additional charges for the…
Strategically investing in properties and locations that align with the preferences and booking patterns of the defined target market to maximize returns.
A system where existing hosts can invite new hosts to join platforms like Airbnb or VRBO, often earning rewards for successful referrals.
The importance of hosts being flexible and responsive to changing market trends, guest preferences, and industry regulations in the dynamic short-term rental…