Periods of peak travel demand in a particular destination, often characterized by increased booking volume, higher occupancy rates, and potentially higher rental rates.
Menu
Glossary Term: Travel Demand
3 posts
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 period of the year when travel demand is lower, typically outside of peak seasons or holidays. Short-term rental owners may offer discounted rates during the economy season to attract bookings.