A pricing strategy where higher rates are charged for stays that include weekends (Friday and Saturday nights) due to increased demand.
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The process of vetting potential guests through reviews, profiles, and communication to minimize risks associated with hosting.
The process of vetting potential guests before confirming bookings, using background checks, reviews, and communication to minimize risks.
The percentage of time a short-term rental property is booked over a specific period. A higher occupancy rate generally indicates greater profitability.
A situation in a specific location where the number of available short-term rentals significantly exceeds guest demand, potentially leading to lower occupancy…