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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Past occupancy data for a specific short-term rental property or market, used to analyze trends and forecast future demand.
A physical or digital guide provided to guests upon arrival, containing essential information about the property, amenities, house rules, local recommendations, and…
Modifying a property for short-term rental purposes without obtaining the necessary permits or approvals, which can lead to safety hazards, code violations,…
Utilizing Zillow’s Zestimate tool to estimate the market value of a property for short-term rental purposes, helping hosts understand potential rental income…