The percentage of time a short-term rental property is booked and occupied during a given week, often used as a key performance indicator (KPI) in the industry.
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Glossary Term: KPI
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The percentage of time a short-term rental property is booked over a specific period, often used as a key performance indicator (KPI) for rental success.
A key performance indicator (KPI) in the hospitality industry that measures the revenue generated per available rental unit, calculated as average daily rate multiplied by occupancy rate.
Visual representations of key performance indicators (KPIs) within QuickBooks, providing insights into the financial health and performance of a short-term rental business.
A key performance indicator (KPI) in short-term rental management, representing the percentage of time a property is booked over a specific period.
Data points used to track the financial health and performance of a short-term rental property, including occupancy rate, average daily rate (ADR), and revenue per available room (RevPAR).
A key performance indicator (KPI) that measures the percentage of time a short-term rental property is booked over a specific period, reflecting its popularity and revenue potential.