Setting higher rental rates during periods of peak demand, such as holidays, special events, and popular travel seasons.
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Feedback and ratings provided by guests after their stay at a short-term rental, influencing future bookings and the property’s reputation.
Hiring revenue management companies or consultants to optimize pricing for short-term rentals based on market demand and other factors.
The total revenue generated from short-term rental bookings during the third quarter, minus all expenses incurred, including cleaning fees, management fees, and…
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