A pricing strategy where hosts lower their nightly rates during periods of lower demand, typically outside of peak seasons or holidays, to attract bookings and maintain occupancy.
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The percentage of booked nights in a short-term rental property during the third quarter of the year (July, August, September).
The revenue generated from short-term rental bookings, calculated by subtracting expenses like cleaning fees, platform fees, and taxes.
A chronological record of any incidents, accidents, damages, or complaints that occur at a short-term rental property. Important for liability protection and…