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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The net amount of money generated by a short-term rental property after deducting all expenses, including mortgage payments, utilities, and management fees.
A cleaning schedule for a short-term rental that varies based on occupancy and booking frequency. This approach offers flexibility but requires careful…
Local government rules and regulations that dictate how properties in specific areas can be used, including restrictions or permissions related to short-term…
Reservations made for a short-term rental on the same day as the check-in date. This often requires flexible hosts and efficient turnover…