The practice of maintaining consistent pricing for short-term rental properties across all distribution channels, including online travel agents (OTAs) and direct bookings. This prevents rate disparities and ensures a fair market value.
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The standard nightly rate charged for a short-term rental on non-peak days or seasons, excluding special events or holidays.
A feature on Airbnb and VRBO that allows potential guests to contact hosts with questions before booking.
Strategies and tools used to maximize booking rates and rental income by adjusting pricing, availability, and marketing based on demand and seasonality.
The process of creating a unique and memorable guest experience by incorporating local elements and design into a short-term rental.