A metric used to track the percentage of time a short-term rental property is booked over a specific period, calculated by dividing the number of booked nights by the total number of available nights.
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The percentage of booked nights in a short-term rental property during the third quarter of the year (July, August, September).
Researching and understanding the local short-term rental market, including competitor pricing, demand trends, and seasonal fluctuations.
The practice of maintaining consistent pricing for a short-term rental across all distribution channels, including the host’s own website and various online…
A situation where the number of short-term rentals in a particular market exceeds guest demand, potentially leading to lower occupancy rates and…