The projected percentage of time a short-term rental property is expected to be occupied over a year, taking into account seasonal fluctuations and historical data.
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Strategies for maximizing occupancy and revenue by adjusting minimum and maximum stay lengths based on demand patterns and seasonal trends.
Researching and understanding the local short-term rental market, including competitor pricing, occupancy rates, and demand trends.
A thoughtful gesture of hospitality provided to guests upon arrival, typically containing local treats, beverages, or amenities to enhance their stay.
The allocated funds for marketing and advertising a short-term rental property, including online listings, photography, and social media campaigns.