The practice of adjusting rental prices in real-time based on factors like demand, seasonality, and competitor pricing.
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Strategies and tactics employed during periods of lower demand to attract bookings, such as offering discounts, running promotions, or targeting specific guest…
The percentage of time a rental property is booked over a specific period, a key metric for revenue management.
The continuous cycle of gathering guest feedback, analyzing it for areas of improvement, implementing changes, and then seeking further feedback to ensure…
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