A reduced price offered to guests for booking a longer stay, last-minute reservation, or during the off-season.
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Glossary Term: Occupancy Optimization
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The process of predicting future demand for short-term rentals based on historical data, market trends, and other factors.
The period between when a guest can make a reservation and the actual check-in date for a short-term rental, influencing pricing and availability strategies.
The period of time during which guests can make reservations for a short-term rental property, often extending several months into the future.
A revenue management approach for short-term rentals that focuses on optimizing pricing and occupancy to maximize profitability, often using data analytics and forecasting tools.