A centralized interface within a short-term rental platform or management software that provides hosts with an overview of their listings, bookings, calendar availability, financial performance, and other relevant data.
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Glossary Term: Analytics
18 posts
The practice of predicting future rental income based on historical data, market trends, and seasonal demand to optimize pricing and maximize revenue.
Software designed to help hosts manage their short-term rentals, offering features such as automated messaging, booking calendars, payment processing, and performance analytics.
A centralized platform within a channel manager or property management system that provides data visualizations and insights on booking trends, revenue, and channel performance.
Similar to e-commerce, it refers to potential guests who initiate a booking on platforms like Airbnb or VRBO but leave before completing the reservation.
A visual representation of key performance indicators (KPIs) for your short-term rental business, tracking metrics like occupancy rate, average daily rate, and guest satisfaction.
The practice of continually refining and improving short-term rental listings on platforms like Airbnb and VRBO based on real-time data and analytics. This includes adjusting pricing, updating photos, refining descriptions, and responding to guest feedback to maximize occupancy rates and revenue.
An online platform provided by a property management company or platform like Airbnb/VRBO, allowing owners to access property performance data, financial reports, and manage settings.
The country from which a guest originates, often used in analytics to understand guest demographics and travel patterns.
Measurable values that track the success and performance of a short-term rental business, such as occupancy rate, average daily rate, and guest satisfaction.
The percentage of listing views that result in potential guests sending an inquiry message to the host. A key performance indicator (KPI) for measuring listing attractiveness and guest engagement.
A system or platform that combines data from various sources related to short-term rental management, such as booking platforms, property management software, and marketing channels, providing hosts with a comprehensive view of their business performance.