A pricing strategy where the price of a short-term rental approaches a certain level as the booking date gets closer. This strategy often involves lowering prices as the check-in date nears to avoid vacancy.
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Sophisticated algorithms used by revenue management systems to automatically adjust nightly rates for short-term rentals based on real-time market data and demand…
Key performance indicators (KPIs) used to track the success of a short-term rental business, such as occupancy rate, average daily rate, and…
A marketing model where hosts partner with other businesses to promote their listings on external platforms, earning a commission for each booking…
Optimizing the booking process to convert more website visitors or listing views into confirmed reservations.