The ability for hosts to tailor their pricing and booking terms for specific guests or situations, such as offering discounts for longer stays or last-minute bookings.
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Refers to the fluctuations or variations in demand for short-term rentals due to seasonality, events, or other market factors.
A pricing strategy where the price of a short-term rental approaches a certain level as the booking date gets closer. This strategy…
The total revenue generated from short-term rental bookings before deducting any expenses such as cleaning fees, platform commissions, or management fees.
A property situated in a peaceful and tranquil setting, often desirable for guests seeking relaxation and escape from urban noise.