The use of data and software tools to track performance metrics related to yield management, such as occupancy rates, average daily rates (ADR), and revenue per available rental (RevPAR). This data helps hosts make informed decisions about pricing and availability.
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A booking policy that imposes stricter terms and conditions for cancellations, typically resulting in higher penalties for guests.
The unique retail offerings and atmosphere of Olde Mistick Village in Mystic, Connecticut, attracting tourists and influencing short-term rental demand in the…
Practices implemented by hosts to minimize the environmental impact of their short-term rental operations, promoting eco-friendly tourism.
The highest price charged for a short-term rental during periods of exceptionally high demand, such as holidays, special events, or peak season.