The percentage of time a short-term rental property is booked over a specific period, representing the optimal balance between maximizing revenue and avoiding excessive vacancy.
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Promoting the rental property with a focus on the unique experiences and benefits it offers guests, highlighting positive reviews and user-generated content.
Common errors made by new short-term rental hosts, such as poor communication, inaccurate listings, or inadequate guest preparation.
A dynamic pricing strategy that adjusts rental rates based on real-time market demand, seasonality, and competitive listings, often using algorithms and data…