The practice of continually refining and improving short-term rental listings on platforms like Airbnb and VRBO based on real-time data and analytics. This includes adjusting pricing, updating photos, refining descriptions, and responding to guest feedback to maximize occupancy rates and revenue.
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The practice of adjusting rental prices based on factors like demand, seasonality, and competition to maximize revenue.
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Research on the performance of short-term rentals in a specific area, including occupancy rates, average daily rates, and demand trends.
Forecasting expected rental income based on factors like historical data, seasonal trends, market demand, and pricing strategies.