The percentage of time a short-term rental is booked during a specific period after it is first listed on platforms like Airbnb and VRBO, often influenced by pricing and marketing strategies.
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A pricing strategy where short-term rental rates are set lower than competitors to attract bookings and gain market share.
A process of examining periods when a short-term rental property is vacant or unbooked to identify patterns, understand booking trends, and optimize…
Feedback and ratings provided by guests after their stay at a short-term rental, influencing the property’s reputation and attracting future bookings.
The process of verifying a guest’s identity before confirming their booking, often involving government-issued ID and background checks, to enhance security and…