Insight
Guests are staying longer in most markets, creating a trend toward extended bookings.
This article from Get Paid For Your Pad discusses pricing strategies for short-term rentals in 2021, focusing on how COVID-19 impacted travel trends such as shorter lead times and longer stays. It suggests hosts analyze their market's lead time data and adjust their pricing using tools like Wheelhouse and dynamic minimum stays to maximize revenue.
Guests are staying longer in most markets, creating a trend toward extended bookings.