The practice of analyzing data and implementing strategies to maximize revenue and occupancy rates for a short-term rental property, similar to revenue management in the hotel industry.
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The period before a guest’s scheduled arrival date during which they can cancel their reservation without incurring any financial penalties.
The period, typically during winter months, when people from colder climates travel to warmer destinations for extended stays, often renting vacation properties….
A distinctive feature or benefit that sets a vacation rental apart from competitors and appeals to potential guests.
The furniture, appliances, decorations, and other items that equip a short-term rental property and contribute to its overall style, comfort, and appeal.