The percentage of time a short-term rental property is booked over a specific period, a key metric for measuring business performance and revenue generation.
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Glossary Term: Availability
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A digital calendar used to manage reservations, track availability, and prevent double-bookings across multiple platforms.
The availability and accessibility of parking options for guests staying at a short-term rental property, including on-site and off-site parking.
A booking option on some platforms where hosts commit to accepting all reservations within set parameters, often for increased visibility.
The percentage of guest booking requests that a host is able to accept and fulfill, often influenced by factors like calendar availability and pricing.
The percentage of time a rental property is booked over a specific period, indicating its popularity and revenue potential.
A booking feature on platforms like Airbnb that allows guests to reserve a listing instantly without requiring host approval, potentially increasing booking rates.
The percentage of time a short-term rental property is booked and occupied by paying guests over a specific period, indicating the property’s success and profitability.
A measure of how quickly and effectively a short-term rental host responds to guest inquiries, booking requests, and communication throughout the guest journey.
A specific period during the year when a rental property is unavailable for bookings, often due to seasonal factors or owner use.
The process of keeping track of bookings, blocking dates for maintenance or personal use, and syncing calendars across multiple platforms.