A dynamic pricing strategy for short-term rentals that uses algorithms to adjust prices based on real-time market demand, seasonality, and other factors.
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The idea that 80% of the insights from guest reviews often come from 20% of the feedback, highlighting key areas for improvement.
An estimate of a short-term rental property’s market value, considering factors such as location, size, amenities, and comparable properties in the area.
A special rate agreed upon between a host and a guest, typically for extended stays, corporate bookings, or repeat customers.