Key indicators used to track the success and profitability of a short-term rental business, including occupancy rate, average daily rate, and revenue per available rental.
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Glossary Term: Key Performance Indicators (KPIs)
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Analyzing key financial metrics such as occupancy rate, average daily rate, and net income to evaluate the profitability and success of a short-term rental property.
A centralized platform or tool that provides key metrics and insights into listing performance, such as occupancy rates, average daily rates, and guest reviews.
The process of collecting and analyzing data related to hosting performance, such as occupancy rates, revenue, and guest reviews, to identify trends and make informed decisions.
The measurement and evaluation of how effectively and efficiently business processes are being executed within a short-term rental operation.