An online platform that facilitates the booking of accommodations, such as Airbnb and VRBO. Ebooking platforms connect hosts with potential guests and streamline the reservation process.
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In the context of short-term rentals, this refers to the percentage of guests who do not return for a repeat booking within…
Adjusting rental rates in real-time based on factors like demand, seasonality, events, and competitor pricing to optimize revenue and occupancy.
A coordinated plan for cleaning a short-term rental between guest stays, often shared and managed by co-hosts, cleaning services, or property managers.
A booking option offered at a discounted price in exchange for guests committing to the reservation with no option for a refund…