Software or systems used to manage interactions with potential and existing guests, including inquiries, bookings, and communication.
Glossary Term: Bookings
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A specific period during the year when a rental property is unavailable for bookings, often due to seasonal factors or owner use.
When a new guest checks in immediately after the previous guest checks out, resulting in no vacancy between reservations.
The average amount of revenue generated per booking, calculated by dividing the total revenue by the number of bookings.
Specialized software designed to simplify and automate various aspects of short-term rental management, including bookings, guest communication, cleaning, and finances.