Researching and understanding local market trends, competitor activity, and demand drivers to inform pricing, marketing, and investment decisions.
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A hypothetical loyalty program offered by a short-term rental platform or management company, rewarding repeat guests with discounts, perks, or exclusive benefits.
Additional items or services provided to guests to enhance their comfort and enjoyment, such as toiletries, Wi-Fi, parking, or breakfast.
The percentage of time a short-term rental property is booked over a specific period, indicating its popularity and revenue potential.
Reservations made for multiple guests, often requiring specific accommodations or amenities to cater to larger parties.