Regularly surveying the pricing strategies of comparable short-term rental properties in the same market area on a weekly basis to stay informed about competitor rates and adjust own pricing for competitive advantage.
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Strategies and techniques used to maximize the occupancy rate of a short-term rental property, such as dynamic pricing and minimum stay adjustments.
A refundable amount collected from guests before their stay to cover potential damages or extra cleaning costs beyond normal wear and tear.
Safety measures implemented outside a short-term rental property, such as security cameras, motion sensor lights, and secure fences.
Communicating with guests directly through the messaging systems provided by platforms like Airbnb and VRBO to answer questions and manage bookings.