Offering discounted rates or special offers to attract bookings, especially during low season or for last-minute reservations.
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The estimated price a property would sell for in a competitive and fair market. Important for setting rental rates and determining property…
Temporary disruptions in utility services (e.g., power outages, water shut-offs) that can impact guest comfort and require prompt attention.
Possessing a thorough understanding of the property’s features, amenities, and any potential maintenance needs.
A realistic RevPAR that a short-term rental can achieve based on its attainable occupancy rate and attainable average daily rate (ADR).