The practice of setting the most profitable price for a short-term rental based on factors like demand, seasonality, competitor pricing, and property features.
Optimal Pricing
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The practice of setting the most profitable price for a short-term rental based on factors like demand, seasonality, competitor pricing, and property features.
A reservation for a single night at a short-term rental property.
An insurance policy or service plan that covers damages to furniture within a short-term rental property caused by guests or accidents.
The average amount of revenue generated per booking, calculated by dividing the total revenue by the number of bookings.
Strategies and techniques for maximizing rental income, including dynamic pricing, occupancy optimization, and revenue forecasting.
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