A situation in a specific location where the number of available short-term rentals significantly exceeds guest demand, potentially leading to lower occupancy rates and price competition.
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Adjusting rental rates based on fluctuations in demand throughout the year, typically charging higher prices during peak seasons and lower prices during…
A pricing strategy where rental rates vary depending on the day of the week to account for fluctuations in demand, such as…
Detailed guidelines and procedures for cleaning and sanitizing a short-term rental property between guest stays to ensure guest safety and satisfaction.
A live video streaming feature on Facebook, occasionally used by short-term rental hosts for virtual tours, Q&A sessions, or showcasing local events…