The time of year when a particular destination experiences the highest demand for short-term rentals, typically characterized by favorable weather, holidays, or special events.
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Glossary Term: Demand Surge
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The significant increase in short-term rental bookings, prices, and revenue experienced in host cities during the Olympic Games.
The period of highest demand for short-term rentals in a particular location, often characterized by increased bookings, higher occupancy rates, and premium pricing. Effective peak season management involves optimizing pricing, staffing, and inventory.
Synchronizing a property’s availability calendar with local events and festivals to optimize pricing and attract guests attending these occasions.
The phenomenon of increased bookings and revenue experienced by short-term rentals located near major sporting events or concerts, particularly those featuring popular athletes or musicians like Patrick Ewing.