A sudden and often temporary increase in bookings for short-term rentals, typically driven by factors like holidays, special events, or shifts in travel demand.
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The strategic planning and coordination of bookings, pricing, and availability to maximize occupancy rates and revenue for a short-term rental property.
Securing a reservation directly through a host’s website or personal channels, bypassing third-party platforms like Airbnb or VRBO, potentially saving on fees.
The rivalry among traditional lodging establishments like inns and short-term rentals in Old Lyme, Connecticut, for tourist bookings and revenue.
The fluctuation of short-term rental pricing during the COVID-19 pandemic and its aftermath, often characterized by initial dips followed by significant increases.