Research and evaluation of the short-term rental market in a specific location to determine factors like occupancy rates, average daily rates, and competitor pricing.
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The average amount of revenue generated per booking, calculated by dividing the total revenue by the number of bookings.
Utilizing marketing and advertising platforms tailored for short-term rentals, such as Airbnb, VRBO, niche vacation rental websites, and social media targeted at…
An arrangement allowing guests to check out of a rental property later than the standard check-out time, often for an additional fee…
Targeted marketing campaigns and promotions designed to attract guests during periods of lower demand.