A segment of the short-term rental market characterized by properties located in densely populated urban areas, often catering to business travelers, city tourists, and individuals seeking shorter stays.
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Glossary Term: Short Stays
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A segment of the short-term rental market characterized by bookings for short stays, often within driving distance of guests’ homes.
A marketing term used to promote short-term rentals for guests seeking spontaneous getaways or last-minute bookings, typically emphasizing ease of booking and flexible cancellation policies.
A booking pattern where a property receives reservations for shorter, non-consecutive periods, often leaving gaps between bookings and potentially resulting in lower occupancy rates.
The shortest allowable booking duration for a short-term rental property, set by the host to manage turnover costs and target specific guest segments.
Short-term rental packages designed for weekend travelers, often including discounted rates, added amenities, or curated local experiences to enhance their quick trip.
Allowing guests to book a portion of a night, offering flexibility for travelers with unconventional itineraries or those needing accommodation for a shorter period.