The evolving preferences and behaviors of different generations when it comes to travel. Understanding generational travel trends helps short-term rental hosts cater to the specific needs and desires of each generation.
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Sensors connected to the internet that detect occupancy in a rental property, often used for automating energy savings or security systems.
The process of evaluating potential guests before confirming bookings to mitigate risks associated with property damage or disruptive behavior.
A dynamic pricing model that adjusts rates based on factors like seasonality, demand, and competitor pricing to maximize revenue.
A loyalty program that rewards guests for frequent bookings with discounts, perks, or exclusive benefits.