The practice of analyzing data and adjusting pricing in real-time to optimize revenue based on fluctuating demand and market conditions.
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Smart home devices like Amazon Echo or Google Home that guests can use to control amenities or access information.
A pricing strategy where the rental rate includes all utility costs, simplifying the booking process for guests.
A measure of the profitability of a rental property, calculated by dividing the annual net income by the total investment and expressing…
Data that is associated with a specific geographic location, such as latitude and longitude coordinates. Short-term rental platforms and property managers use…