Using automated tools or manual adjustments to modify rental rates in real-time throughout the week based on factors like demand fluctuations, last-minute bookings, and competitor pricing changes.
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Glossary Term: Demand-Based Pricing
52 posts
A pricing strategy where higher rates are charged for stays that include weekends (Friday and Saturday nights) due to increased demand.
A higher nightly or overall price charged for bookings that include Friday, Saturday, and/or Sunday nights, reflecting increased demand.
A pricing strategy where hosts charge a higher nightly rate for stays that include weekends (typically Friday and Saturday nights) due to increased demand.
A dynamic pricing strategy where rental rates fluctuate based on factors like seasonality, demand, day of the week, and special events, optimizing occupancy rates and revenue.
Adjusting rental rates dynamically based on factors like seasonality, demand, and special events to optimize occupancy and revenue.
A pricing strategy used by short-term rental hosts to adjust their rates based on factors like location desirability, seasonality, local events, and competitor pricing within a specific geographical area.
A dynamic pricing strategy used in short-term rental management where rates are adjusted based on seasonal demand, holidays, special events, and other factors that influence market fluctuations.
A pricing strategy that adjusts rental rates based on factors like demand, seasonality, and competitor pricing to optimize revenue.
A pricing strategy where different rates are set based on factors like seasonality, demand, or length of stay.
A pricing strategy where rental rates fluctuate based on real-time market demand, seasonality, special events, and competitor pricing. Algorithms analyze data to optimize pricing for maximum revenue.
A dynamic pricing strategy for short-term rentals that uses algorithms to adjust prices based on real-time market demand, seasonality, and other factors.