A segment of the short-term rental market characterized by properties located in densely populated urban areas, often catering to business travelers, city tourists, and individuals seeking shorter stays.
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The fundamental economic principle that influences short-term rental pricing, where higher demand and limited supply lead to increased prices, and vice versa.
Conducting thorough research on competitor pricing, local demand trends, and guest preferences to inform pricing strategies and optimize listing performance.
A large piece of fabric used as bedding for warmth, typically provided in short-term rentals to ensure guest comfort.
Overseeing and managing multiple short-term rental properties, requiring efficient systems, automation, and potentially specialized software.