A dynamic pricing strategy where rental rates are adjusted based on real-time factors influencing demand, such as seasonality, events, holidays, and competitor pricing.
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The period between when a guest books a vacation rental and their actual arrival date, influencing pricing and occupancy strategies.
The exchange of information, inquiries, and updates between guests and hosts throughout the booking process and duration of the stay.
Some property management companies offer brokerage services to help owners buy or sell short-term rental properties. These services can include market analysis,…
Allowable expenses that can be deducted from rental income to reduce tax liability for short-term rental owners.