A pricing option offered to guests that provides a discounted rate in exchange for a non-refundable booking, often used to attract early bookings or minimize cancellations.
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The average amount a guest pays per night to stay at a property, excluding fees and taxes.
A fully furnished and equipped short-term rental that is ready for immediate occupancy by guests, requiring minimal setup from the host.
A financial ratio that measures the profitability of a short-term rental business by calculating the percentage of revenue remaining after deducting all…
The overall performance and trends within the tourism industry in New Jersey, directly influencing the demand and occupancy rates for short-term rentals…