A dynamic pricing strategy that adjusts rates based on the frequency of bookings within a specific time period, often used to maximize occupancy during low-demand seasons.
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Integrated technology systems that allow remote control and automation of various aspects of a short-term rental property, such as lighting, temperature, and…
A listing agreement where a property is exclusively managed and marketed by a single property management company or platform.
Integrating technology, such as smart home devices or automated messaging systems, can enhance guest convenience and streamline operations.
A performance metric used in the hospitality industry that calculates the average revenue generated per available room, considering both occupancy rate and…