A pricing strategy that appears successful in the short term but ultimately undermines profitability or long-term sustainability. This might involve consistently undercutting competitors or relying solely on discounts.
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Online platforms like Airbnb and VRBO that cater to a large volume of tourists seeking short-term accommodations.
The use of technology to automate tasks related to short-term rental management, such as smart locks, thermostats, and lighting systems.
A property situated in a peaceful and tranquil setting, often desirable for guests seeking relaxation and escape from urban noise.
Collaborations between short-term rental hosts and local businesses or tourism boards to offer exclusive discounts or experiences to guests.