A pricing strategy where the cost of expenses like cleaning, utilities, and maintenance are calculated first. Then, the desired profit margin is added to determine the rental rate.
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Key performance indicators (KPIs) used to measure the effectiveness of yield management strategies for short-term rentals. These metrics include occupancy rate, average…
A location-based technology used to create virtual boundaries, enabling automated actions when a device enters or exits a designated area, such as…
Highlighting the proximity of a short-term rental to a zoological park or aquarium, attracting families with children and animal lovers.
Strategies for optimizing short-term rental pricing to maximize revenue, considering factors like seasonality, demand, and competitor pricing.