A situation where the number of short-term rentals in a particular market exceeds guest demand, potentially leading to lower occupancy rates and price competition.
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Establishing efficient systems for managing bookings, communication, cleaning, and other operational tasks related to short-term rental management.
Utilizing eco-friendly cleaning products and methods to minimize environmental impact, appealing to environmentally conscious guests.
The efficient management of a vacation rental property’s availability calendar across multiple booking platforms to maximize occupancy and revenue.
A pricing strategy where the rental rate includes all utility costs, simplifying the booking process for guests.