A booking option offered to guests at a discounted price, typically requiring full payment upfront and non-refundable in case of cancellation.
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The percentage of time a short-term rental property is booked over a specific period, indicating the property’s performance and revenue potential.
Key performance indicators (KPIs) used to track the success of a short-term rental business, such as occupancy rate, average daily rate, and…
Adjusting rental rates higher during periods of increased travel demand, such as holidays or popular events, to capitalize on market fluctuations.
A common listing feature indicating that the rental price includes the cost of essential utilities like electricity, water, gas, and internet.