In the context of short-term rental management, breakage refers to revenue lost due to cancellations, guest no-shows, or other unforeseen circumstances.
Breakage
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A Danish phrase meaning “Rare Find,” used to market unique and exclusive short-term rentals that stand out from the competition.
A pricing strategy for short-term rentals where rates fluctuate based on real-time market demand, seasonality, competitor pricing, and other relevant factors. Algorithms…
Identifying opportunities to upsell additional services or amenities based on guest requests and preferences during their stay.
The written portion of a short-term rental listing that provides detailed information about the property, amenities, and surrounding area. A compelling description…