Bookings made for a future date. This data can be valuable for predicting demand, setting pricing, and managing inventory.
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Glossary Term: Pricing
63 posts
A pricing strategy that adjusts nightly rates based on real-time factors like demand, seasonality, and competitor pricing.
The strategic approach to maximizing rental income through pricing optimization, occupancy management, and other revenue-generating tactics.
An additional charge applied per person beyond the maximum occupancy limit stated in the listing, covering extra resource consumption.
A pricing strategy where a single, consistent nightly rate is charged for the short-term rental, regardless of the season or demand.
Setting fair and transparent pricing for short-term rentals, considering factors like seasonality, demand, competitor rates, and value provided to guests. Ethical pricing fosters trust with guests and contributes to a sustainable rental market.
A pricing model that aims to be fair and transparent for both hosts and guests, considering factors like seasonality, demand, and property amenities.
A significant increase in travel demand and bookings experienced during the Islamic holiday of Eid al-Fitr, presenting opportunities for hosts to adjust pricing and target specific demographics.
The practice of providing clear and accurate information to potential guests about the total cost of their stay, including cleaning fees, taxes, and any additional charges, fostering trust and transparency in the booking process.
Setting rental rates and other costs associated with short-term rentals in Djiboutian Francs (DJF), considering local market conditions and currency fluctuations.
A comprehensive plan for setting rental rates based on factors like demand, seasonality, competition, and property amenities to maximize occupancy and revenue.
The period of highest demand for short-term rentals in a particular destination, often characterized by increased bookings, higher occupancy rates, and premium pricing.