A pricing strategy for short-term rentals where rates fluctuate based on real-time market demand, seasonality, competitor pricing, and other relevant factors. Algorithms and data analysis are used to automatically adjust prices and optimize revenue.
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An online platform or marketplace specifically designed to connect homeowners with renters for short-term stays.
An individual who rents out their primary residence or a secondary property on a short-term basis infrequently, often for supplemental income or…
The process of confirming a guest’s identity to prevent fraud and ensure the safety and security of the property and other guests.
The average amount of revenue generated per booking, calculated by dividing the total revenue by the number of bookings.