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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A group of similar short-term rental properties in the same market that are considered direct competitors, used for benchmarking and pricing strategies.
Strategically investing in properties and locations that align with the preferences and booking patterns of the defined target market to maximize returns.
The importance of hosts being flexible and responsive to changing market trends, guest preferences, and industry regulations in the dynamic short-term rental…
A pricing model used by some property management companies where they charge a percentage of the rental income as their fee. Also…
Refers to a short-term rental property situated on a main or central road or axis, often providing convenient access to transportation, attractions,…
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