The approximate duration required to clean and prepare a short-term rental property for the next guest arrival.
Menu
Glossary Term: Pricing Strategy
270 posts
The group of European countries using the Euro as their currency, relevant for hosts and guests navigating currency exchange and potential fluctuations in pricing.
Dynamic pricing models used in short-term rental management that adjust rates based on factors like seasonality, demand, and competition.
Strategies for optimizing short-term rental pricing to maximize revenue, considering factors like seasonality, demand, and competitor pricing.
A pricing strategy that adjusts short-term rental rates in real-time based on factors like demand, seasonality, and competitor pricing.
The process of adjusting the nightly, weekly, or monthly rates for a short-term rental property based on factors like seasonality, demand, competition, and business goals.
The strategic pricing and availability management of short-term rental properties to optimize occupancy rates and maximize rental income.
A pricing strategy used to maximize revenue by adjusting rental rates based on factors such as demand, seasonality, and competition.
The process of implementing strategies to maximize revenue from a short-term rental, such as dynamic pricing, targeted marketing, and offering additional services.
The process of examining data related to the length of guest stays at a short-term rental property to identify patterns and optimize pricing strategies.
A decrease in the number of reservations made for a short-term rental property, often indicating a need to adjust pricing, marketing, or property features.