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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In the context of short-term rentals, this refers to periods when a property is vacant and not generating revenue between bookings.
A reduced rate offered to guests who book a vacation rental for a full week, typically seven consecutive nights.
A charge added to the rental rate by the platform or property manager to cover the cost of processing the reservation.
The process of verifying the identity and assessing the risk of potential guests before confirming a booking.