Marketing strategy where existing guests are incentivized to refer new guests, often through discounts or credits.
Glossary Term: Discounts
A system where guests are provided with vouchers or discounts for local businesses or attractions, enhancing their experience and adding value to the rental.
A pricing strategy used during periods of lower demand for short-term rentals, often involving discounted rates to attract bookings.
A promotional offer that provides a reduced rate for guests who book a minimum stay of two nights, encouraging longer bookings.
A pricing strategy where hosts lower their nightly rates during periods of lower demand, typically outside of peak seasons or holidays, to attract bookings and maintain occupancy.
Offering reduced rates for bookings made within a specific time frame, like early bird discounts or last-minute deals.
Combining various pricing models, such as nightly rates, weekly discounts, and seasonal adjustments, to optimize revenue while remaining competitive within the market.
Limited-time discounts or packages offered to attract guests, especially during low seasons or to fill last-minute bookings.
A pricing strategy for short-term rentals that involves offering discounted rates during shoulder seasons (the periods between peak and off-season) to attract more bookings.
Collaborating with local businesses, tour operators, and service providers to offer guests exclusive discounts, packages, and experiences.
Discounts or incentives offered to attract guests and increase bookings, such as weekly discounts, last-minute deals, or early bird specials.