Specialized software or platforms designed to monitor and analyze key performance indicators (KPIs) relevant to short-term rental businesses, such as occupancy rate, average daily rate, and revenue per available rental.
Glossary Term: Business Intelligence
A suite of advanced analytics tools within Salesforce that can be used to analyze rental data, predict demand, and optimize pricing.
The use of charts, graphs, and other visual representations to analyze and interpret data related to short-term rental performance.
The process of collecting and analyzing data related to occupancy rates, guest reviews, and market trends to optimize rental performance.
The process of gathering data from multiple sources, such as booking platforms, property management systems, and revenue management tools, to gain comprehensive insights into short-term rental performance.
The process of collecting and analyzing data related to short-term rental performance, such as occupancy rates, pricing trends, and guest reviews, to inform business decisions.
The process of collecting, analyzing, and interpreting data related to short-term rental performance, such as occupancy rates, revenue, and guest demographics.
The use of charts, graphs, and other visual representations to display key performance indicators (KPIs) and other data insights in an easily understandable format.
The practice of using data analysis and insights to inform decision-making in short-term rental management, such as setting prices, optimizing listings, and identifying market trends.
An individual piece of information collected and analyzed in the context of short-term rental management, such as occupancy rates, average daily rates, or guest reviews.