The use of data and research to understand the performance of the short-term rental market in a specific location. This includes analyzing factors like occupancy rates, average daily rates, seasonality trends, and competitor activity to make informed investment and management decisions.
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Employing strategies tailored to short-term rentals, such as dynamic pricing, minimum stay requirements, and seasonal adjustments to maximize rental income.
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A metric that measures the ease of walking to amenities and points of interest from a property’s location, influencing its desirability for…