A dynamic pricing approach that considers multiple factors like seasonality, demand, competitor pricing, and property amenities to determine optimal rental rates and maximize revenue.
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Internet of Things devices used in short-term rentals for enhanced guest experiences, such as smart locks, thermostats, and lighting systems.
Performing necessary repairs, upgrades, and deep cleaning during the less busy months to prepare the property for peak season.
Implementing security measures to verify guest identities, screen for potential risks, and minimize the likelihood of issues during a short-term rental stay.
The effect of short-term rentals on the local economy, including factors such as job creation, revenue generation, and impact on traditional housing…