The efficient management of a vacation rental property’s availability calendar across multiple booking platforms to maximize occupancy and revenue.
Menu
Glossary Term: Availability
52 posts
A digital calendar that displays availability, bookings, and pricing for a vacation rental property.
The percentage of time a vacation rental is booked over a specific period, indicating its popularity and profitability.
Providing round-the-clock assistance to guests, addressing inquiries, and resolving issues at any time of day or night.
Setting a minimum stay requirement of two nights for bookings, often implemented during peak seasons or for operational efficiency.
A visual representation of a property’s availability for the entire year, allowing hosts to manage bookings and optimize occupancy rates.
The minimum number of nights guests are required to book for a stay at the rental property, often implemented during peak season or for special events.
A metric representing the percentage of available nights booked in a short-term rental property during the third quarter, indicating the property’s occupancy level.
The percentage of time a short-term rental property is booked over a specific period. A higher occupancy rate generally indicates greater profitability.
Refers to the ability for guests to quickly and easily book a short-term rental due to its availability and appealing features.
Strategies for maximizing the percentage of time a rental property is booked, using pricing adjustments, promotions, and calendar management.
Setting a timeframe for the validity of provided quotes to manage booking expectations and account for potential price fluctuations.