The practice of tracking and updating the availability of short-term rental properties on a daily basis, ensuring accurate booking calendars and preventing double bookings.
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A realistic RevPAR that a short-term rental can achieve based on its attainable occupancy rate and attainable average daily rate (ADR).
A pricing strategy that adjusts rental rates based on predictable fluctuations in demand, such as holidays, weekends, and special events.
Hungarian term for “Property Cleaning,” highlighting the essential role of maintaining high cleanliness standards in short-term rental properties for guest satisfaction.
Adjusting short-term rental prices in real-time based on factors like demand, seasonality, events, and competitor pricing, using algorithms and market data.