Integrating smart home technology into short-term rentals, allowing guests to control lighting, temperature, appliances, or entertainment systems through voice commands or mobile apps.
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A metric used to track the percentage of time a short-term rental property is booked over a specific period, calculated by dividing…
Researching and understanding the local short-term rental market, including competitor pricing, demand trends, and seasonal fluctuations, to optimize pricing and occupancy.
A pricing strategy where cleaning fees vary based on factors like the size of the property, the length of stay, or the…
The process of lowering rental prices during the off-season to stimulate demand and maintain a steady stream of bookings.