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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Specialized services offered to high-end clientele, often including personalized recommendations, booking assistance for dining and entertainment, and arrangement of transportation or unique…
Synchronizing a property’s availability calendar with local events and festivals to optimize pricing and attract guests attending these occasions.
A reservation system where guests are placed in a waiting list or queue when a property is in high demand, with bookings…
The approximate time a guest is expected to arrive at the short-term rental property.