A key performance indicator (KPI) in the hospitality industry that measures the revenue generated per available rental unit, calculated as average daily rate multiplied by occupancy rate.
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The trend of guests booking short-term rentals for extended stays to work remotely, often seeking properties with dedicated workspaces, reliable internet, and…
A company that assists businesses with their travel arrangements, including booking flights, accommodations, and managing expenses.
A pricing strategy used by some property management systems and online travel agencies where the total cost of a stay is calculated…
The use of high-quality, professionally taken photographs to showcase a rental property in its best light and attract more bookings.