A situation where the number of short-term rentals in a particular market exceeds guest demand, potentially leading to lower occupancy rates and price competition.
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Strategies for offering discounts and promotions to attract bookings during low seasons or to incentivize longer stays.
Crafting compelling and engaging descriptions for short-term rental listings that highlight unique features, amenities, and benefits to attract potential guests.
A refundable amount collected from guests before their stay to cover potential damages or violations of house rules.
Common approaches to setting prices for short-term rentals, including dynamic pricing, seasonal pricing, and value-based pricing.