The shortest period for which guests can book a short-term rental property, often varying by season or demand.
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Glossary Term: Availability
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The percentage of time a rental property is booked over a specific period. A key metric for evaluating rental income potential and pricing strategies.
The minimum number of nights guests are required to book for a specific property and date range, set by the host or property manager.
Connecting the availability calendars of a short-term rental across multiple platforms to prevent double bookings and streamline reservation management.
In the context of short-term rentals, this refers to periods when a property is vacant and not generating revenue between bookings.
The percentage of time a short-term rental property is booked over a specific period, representing the optimal balance between maximizing revenue and avoiding excessive vacancy.
Software or tools that help hosts optimize their pricing and availability to maximize revenue from their short-term rental properties.
The practice of analyzing data and market trends to adjust pricing and availability strategies in real-time to maximize revenue and occupancy for a short-term rental property.
Minimizing periods of unavailability for short-term rentals by streamlining operations, having backup plans in place, and ensuring quick turnaround times between bookings.
Strategies and practices employed by hosts to maximize the availability of their listings for bookings, minimizing vacancy periods and maximizing rental income.
The percentage of time a short-term rental property is booked over a specific period, indicating the property’s performance and revenue potential.