An economic shift where consumers prioritize spending on experiences over material possessions, driving demand for unique and memorable travel experiences offered by short-term rentals.
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The practice of minimizing the environmental impact of short-term rental operations. This includes implementing eco-friendly practices such as reducing energy and water…
The ongoing interaction with guests from pre-booking inquiry to post-stay follow-up, ensuring a positive guest experience.
The percentage of booked nights in a short-term rental property during the third quarter of the year (July, August, September).
A situation where a short-term rental property’s pricing is not dynamically adjusted based on factors like demand, seasonality, and competitor pricing.