A pricing strategy where hosts manually adjust their nightly rates based on real-time market factors like demand, competitor pricing, and events, rather than relying solely on automated systems.
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A visual representation of the booking pace for a short-term rental property, showing the time between when reservations are made and the…
Different sources of income generated by a vacation rental, including nightly rates, cleaning fees, and additional services.
Utilizing software or services to track income, expenses, and performance metrics specific to short-term rental operations, facilitating financial analysis and tax preparation.
Building and maintaining positive relationships with neighbors and the local community when operating a short-term rental property, addressing any concerns and ensuring…