Conducting thorough research on competitor pricing, local demand trends, and guest preferences to inform pricing strategies and optimize listing performance.
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Algorithms that automatically adjust rental rates based on factors such as demand, seasonality, and competitor pricing.
Researching and understanding the local short-term rental market, including competitor pricing, demand trends, and seasonal fluctuations.
The average cost incurred to acquire a new guest, including marketing, advertising, and platform fees.
The practice of generating detailed reports every three months to analyze key performance indicators (KPIs) like occupancy rates, revenue, expenses, and guest…