Using software to automate guest communication, such as sending check-in instructions, answering frequently asked questions, and providing local recommendations.
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Represents the practice of adjusting rental rates in real-time based on factors like demand, seasonality, and competitor pricing.
A dynamic pricing strategy where rental rates are adjusted based on real-time factors influencing demand, such as seasonality, events, holidays, and competitor…
A hypothetical mobile application designed specifically for guests staying in short-term rentals, offering features like booking management, local recommendations, and communication with…
A marketing metric that measures the average cost incurred to acquire a new booking. It helps hosts evaluate the effectiveness of their…