Utilizing QuickBooks to create professional and customized quotes for potential guests inquiring about short-term rental bookings, outlining pricing, fees, and terms for their stay.
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Glossary Term: Pricing
63 posts
A software solution used by property managers or hosts to automatically generate rental quotes based on factors like seasonality, demand, length of stay, and property attributes.
The specified date and time when a rental quote provided to a potential guest is no longer valid, encouraging timely booking decisions.
A detailed online advertisement for a short-term rental property, typically featured on platforms like Airbnb and VRBO, showcasing its features, amenities, location, photos, and pricing.
The process of listing a new property on short-term rental platforms, including setting up the listing, creating attractive photos and descriptions, and setting pricing and availability.
A property listing on platforms like Airbnb or VRBO that is meticulously crafted with high-quality photos, compelling descriptions, relevant keywords, and competitive pricing to attract maximum bookings.
A situation where a short-term rental property’s pricing is not dynamically adjusted based on factors like demand, seasonality, and competitor pricing.
A pricing strategy where short-term rental rates gradually adjust based on factors like competitor pricing, seasonality, and demand, similar to the gradual process of osmosis.
The influence of the annual Carnival celebration in Olinda, Brazil on short-term rental demand, pricing, and availability.
The process of determining the optimal price to charge per night for a short-term rental, considering factors like seasonality, demand, competition, and property features.
A special price agreed upon between the host and the guest outside of the standard listed rates, often for extended stays, repeat bookings, or special circumstances.