A pricing strategy that considers factors like seasonality, demand, competitor pricing, and perceived value to determine optimal rental rates for a short-term property.
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A hypothetical approach to revenue management that involves adjusting pricing and availability strategies in real-time based on market demand and other relevant…
The practice of optimizing pricing and availability to maximize revenue from short-term rental properties.
Researching and understanding the local short-term rental market, including competitor pricing, occupancy rates, and demand trends.
A metric used by Airbnb and VRBO to track how quickly a host responds to guest inquiries and booking requests, influencing search…