Setting lower rental rates during periods of lower demand, such as weekdays or the off-season, to attract more bookings.
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Past occupancy data for a specific short-term rental property or market, used to analyze trends and forecast future demand.
A realistic RevPAR that a short-term rental can achieve based on its attainable occupancy rate and attainable average daily rate (ADR).
The segment of the travel industry focused on high-end experiences and accommodations, often targeted by luxury short-term rentals.
Research and evaluation of the short-term rental market in a specific location to determine factors like occupancy rates, average daily rates, and…