A pricing strategy that automatically adjusts the nightly rate of a short-term rental property based on real-time market demand, competitor pricing, and other factors influencing yield.
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Illustrates the shared responsibilities between hosts, guests, and potentially property managers in maintaining the rental property, ensuring a smooth and enjoyable experience…
A pricing model used by some property management companies where they charge a percentage of the rental income as their fee. Also…
The shortest allowable duration for a reservation, set by hosts to manage turnover costs and optimize bookings.
A period of exceptionally high demand for vacation rentals, typically during peak seasons or special events. This often leads to increased bookings…