A group of similar short-term rental properties in the same market that are considered direct competitors, used for benchmarking and pricing strategies.
PcCompetitive Set
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A group of similar short-term rental properties in the same market that are considered direct competitors, used for benchmarking and pricing strategies.
Monitoring, responding to, and leveraging guest feedback to improve listings, address concerns, and build a positive online reputation.
Identifying properties with potential for profit by leasing them long-term and subletting them as short-term rentals on platforms like Airbnb and VRBO.
A dynamic pricing strategy that adjusts rental rates based on fluctuations in demand, such as holidays, weekends, or local events.
The importance of utilizing data analytics to inform pricing strategies, identify booking trends, and optimize property performance in the competitive short-term rental…
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