The average expense of basic necessities in a specific location, such as housing, food, transportation, and utilities, influencing pricing strategies for short-term rentals.
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A pricing strategy where rental rates fluctuate based on real-time market demand, seasonality, special events, and competitor pricing. Algorithms analyze data to…
Environmentally responsible approaches to short-term rental management, such as using eco-friendly cleaning products, conserving energy and water, and promoting local sustainability initiatives.
The trend of transforming underutilized spaces in short-term rentals, such as basements or attics, into entertainment areas with games, activities, and comfortable…
The ongoing expenses associated with running a short-term rental business, excluding the cost of acquiring the property. This includes items like utilities,…