A dynamic pricing strategy used by short-term rental hosts that adjusts rental rates based on factors like seasonality, demand, events, and competitor pricing.
A pricing strategy where short-term rental rates fluctuate based on real-time market demand, seasonality, competitor pricing, and other factors. This approach helps hosts maximize occupancy and revenue.
A pricing strategy where rental rates vary depending on the day of the week to account for fluctuations in demand, such as higher prices on weekends and lower prices during weekdays.
The practice of adjusting pricing and availability strategies for short-term rentals to maximize revenue. It involves analyzing market trends, seasonality, competitor activity, and other factors to optimize occupancy and average daily rates.
A metric that tracks the total number of nights a short-term rental property is booked over a specific period, expressed as a percentage of the total available nights.