The ongoing practice of monitoring and evaluating the short-term rental market on a weekly basis, identifying trends in pricing, demand, competitor activity, and local events that could impact rental strategies.
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Glossary Term: Demand Trends
7 posts
Past occupancy data for a short-term rental property, often tracked over months or years, providing insights into seasonal demand patterns, pricing strategies, and revenue forecasting.
Conducting thorough research on competitor pricing, local demand trends, and guest preferences to inform pricing strategies and optimize listing performance.
Conducting thorough research to understand the target market, competitor pricing, and local demand trends to optimize pricing and marketing strategies.
Research and assessment of the short-term rental market in a specific area, including competitor analysis, demand trends, and pricing insights.
Researching and understanding local market trends, competitor activity, and demand drivers to inform pricing, marketing, and investment decisions.
Researching and understanding the local short-term rental market, including competitor pricing, occupancy rates, and demand trends.