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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The practice of adjusting rental prices in real-time based on factors like demand, seasonality, and competitor pricing.
A factor to consider when choosing a short-term rental, especially for guests with elderly family members who may require specialized care.
Cleaning services offered to guests staying multiple nights, often at a discounted rate compared to a full turnover clean.
The integration of smart home technology and devices into short-term rental properties to enhance guest experience and convenience.