A booking pattern where a property receives reservations for shorter, non-consecutive periods, often leaving gaps between bookings and potentially resulting in lower occupancy rates.
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The total cost incurred in attracting and securing a booking from a new guest.
The charges imposed by short-term rental platforms like Airbnb and VRBO for using their services, typically a percentage of each booking.
Researching and understanding the local short-term rental market, including competitor pricing, occupancy rates, and demand trends.