Online platforms like Airbnb and VRBO that cater to a large volume of tourists seeking short-term accommodations.
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Periods of peak and off-peak travel demand, influencing pricing strategies and occupancy rates throughout the year.
A pricing strategy that adjusts rental rates in real-time based on factors like demand, seasonality, and competitor pricing.
Adjusting rental rates strategically during periods of lower demand, such as the off-season or weekdays, to attract more bookings and maximize occupancy.
A collaborative group formed by industry stakeholders, government agencies, and community representatives to address issues related to short-term rentals.