A pricing strategy where the price of a short-term rental approaches a certain level as the booking date gets closer. This strategy often involves lowering prices as the check-in date nears to avoid vacancy.
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A financial statement that summarizes the revenues, costs, and expenses incurred during a specific period of time for a short-term rental business.
The provision of scuba diving equipment, specifically aqualungs, for rent to guests staying at short-term rentals located near diving destinations.
Implementing and enforcing property rules and guidelines based on past guest requests and behaviors to prevent issues and ensure a smooth experience.
Refers to a situation where the number of short-term rental listings in a specific market becomes excessively high, potentially leading to increased…