Temporary price reductions offered to guests as incentives to book, often during low season or to attract last-minute bookings.
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Glossary Term: Discounts
29 posts
Offering discounted rates or special offers to attract bookings, especially during low season or for last-minute reservations.
A pricing strategy where the final price of a short-term rental is hidden from the guest until after booking. Often used on platforms offering discounted rates.
A plan for managing a short-term rental property to attract longer-term bookings, often offering discounted rates for extended stays and targeting a different type of guest.
A hypothetical loyalty program offered by a short-term rental platform or management company, rewarding repeat guests with discounts, perks, or exclusive benefits.
Special pricing agreed upon between a host and a guest, often for extended stays or repeat bookings.
A pricing strategy used by short-term rental hosts to attract bookings during weekdays (typically Monday through Thursday) by offering a reduced rate compared to weekend prices.
Offering reduced rates for reservations made close to the check-in date to fill vacancies and maximize occupancy during slower periods.
Strategies and tactics employed during periods of lower demand to attract bookings, such as offering discounts, running promotions, or targeting specific guest demographics.
Adjusting pricing strategies for guests booking extended stays to maximize occupancy and revenue during slower seasons or for longer vacancies.
Collaborations between hosts and local businesses or tour operators to offer guests exclusive discounts or packages on activities, attractions, or services, enhancing their overall travel experience.
Price reductions offered by the host for longer stays, last-minute bookings, or other promotional reasons.