The highest rating a property can receive on platforms like Airbnb and VRBO, signifying exceptional quality and guest satisfaction.
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A pricing strategy for vacation rentals based on the total square footage of the property, often used as a starting point for…
A situation where a short-term rental property’s pricing is not dynamically adjusted based on factors like demand, seasonality, and competitor pricing.
The continuous cycle of gathering guest feedback, analyzing it for areas of improvement, implementing changes, and then seeking further feedback to ensure…
The practice of maintaining consistent pricing for the same room type across all booking channels to avoid customer confusion and platform penalties.