Strategies for maximizing occupancy and revenue by adjusting minimum and maximum stay lengths based on demand patterns and seasonal trends.
Glossary Term: Booking Strategy
The process of evaluating and comparing price quotes from different short-term rental platforms, hosts, or property management companies to secure the best deal.
A promotional strategy where short-term rental businesses actively reach out to potential guests through targeted advertising, email campaigns, or special offers to drive bookings.
Strategies and techniques aimed at maximizing the percentage of time a short-term rental property is booked, utilizing pricing adjustments, marketing efforts, and calendar management to minimize vacancy periods.
Strategies and techniques used to maximize the occupancy rate of a short-term rental property, such as adjusting pricing, using multiple booking channels, and offering promotions.
Strategies and tactics used by hosts to stimulate interest and bookings for their short-term rentals, particularly during low seasons or when facing increased competition.