A dynamic pricing strategy where rental rates fluctuate based on factors like seasonality, demand, day of the week, and special events, optimizing occupancy rates and revenue.
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Offering a discounted rate to guests in exchange for booking a non-refundable reservation, providing greater financial security for the host.
The fluctuation of short-term rental pricing during the COVID-19 pandemic and its aftermath, often characterized by initial dips followed by significant increases.
A proactive maintenance approach where worn or outdated furniture, appliances, and amenities are replaced before they break down, minimizing guest inconvenience and…
A pricing strategy where rental rates fluctuate based on factors like seasonality, demand, and day of the week.