The process of examining data related to the length of guest stays at a short-term rental property to identify patterns and optimize pricing strategies.
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A major options exchange. While not directly relevant to short-term rentals, it serves as a reminder of the importance of understanding market…
The normal deterioration of a property and its furnishings due to regular use over time, as opposed to damage caused by negligence…
A communication method where messages are not exchanged in real-time, allowing hosts and guests to respond at their convenience. Examples include emails,…
A pricing strategy where the advertised rental rate only covers the base cost of the stay, and additional fees for cleaning, extra…