A group of similar short-term rental properties in the same market that are considered direct competitors, used for benchmarking and pricing strategies.
PcCompetitive Set
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PcCompetitive Set
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A legally binding contract between a host and guest outlining the terms and conditions of a short-term rental stay.
The total cost incurred in attracting and securing a booking from a new guest.
The designated time in the afternoon when guests are typically allowed to check into a short-term rental property. This time frame allows…
A realistic RevPAR that a short-term rental can achieve based on its attainable occupancy rate and attainable average daily rate (ADR).