Using automated tools or manual adjustments to modify rental rates in real-time throughout the week based on factors like demand fluctuations, last-minute bookings, and competitor pricing changes.
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Glossary Term: Real-Time Pricing
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A pricing strategy that adjusts rental rates in real-time based on factors like demand, seasonality, and competitor pricing.
A pricing strategy for short-term rentals where rates are automatically adjusted in real-time based on factors like demand, availability, and competitor pricing.
A pricing strategy that automatically adjusts the nightly rate of a short-term rental property based on real-time market demand, competitor pricing, and other factors influencing yield.