The practice of analyzing data and implementing strategies to maximize revenue and occupancy rates for a short-term rental property, similar to revenue management in the hotel industry.
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The process of vetting potential guests to minimize risks such as property damage, noise complaints, or unauthorized occupants.
Patterns and shifts in guest booking behavior for short-term rentals, influenced by factors like seasonality, events, and economic conditions.
A strategy where a property is listed on both short-term and long-term rental platforms to maximize occupancy and income potential.
The percentage of time a short-term rental property is booked and occupied by guests over a specific period, indicating the property’s rental…