Analyzing market trends and competitor data to evaluate the potential impact of an oversaturation of short-term rental properties on occupancy rates and profitability.
Glossary Term: Market Saturation
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Refers to a situation where the number of short-term rental listings in a specific market becomes excessively high, potentially leading to increased competition and downward pressure on rental rates.
The ratio of short-term rentals to traditional accommodation options in Omaha, indicating the level of competition within the short-term rental market.
A measure of how much of the potential market for short-term rentals in a specific location is being captured by existing listings.