A dedicated time each week for hosts or property managers to assess key metrics like occupancy rates, revenue, guest reviews, and operational efficiency, informing future strategies and improvements.
Menu
Glossary Term: Data-Driven Decisions
6 posts
Analyzing key metrics such as occupancy rates, revenue, guest satisfaction, and market trends to evaluate the success of rental operations and identify areas for improvement.
The process of collecting, analyzing, and interpreting data related to short-term rental performance, such as occupancy rates, average daily rates, and guest reviews, to make informed business decisions.
Data collected on how guests interact with a short-term rental listing website or app, including page views, clicks, booking conversions, and searches, used to identify areas for improvement and optimize performance.
The process of collecting and analyzing data related to occupancy rates, guest reviews, and market trends to optimize rental performance.
The process of collecting, analyzing, and interpreting data related to short-term rental performance, such as occupancy rates, revenue, and guest demographics.