The period of highest demand for short-term rentals in a particular location, often characterized by increased booking rates and occupancy levels.
Menu
Glossary Term: Occupancy
29 posts
The percentage of time a rental property is booked over a specific period. A key metric for evaluating rental income potential and pricing strategies.
The maximum number of guests allowed to stay overnight at a property, often determined by local regulations, safety guidelines, and property capacity.
A cleaning schedule for a short-term rental that varies based on occupancy and booking frequency. This approach offers flexibility but requires careful planning and communication with cleaning staff.
The level of interest and bookings for short-term rentals in a particular location, influenced by factors like seasonality, events, and travel trends.
The percentage of time a short-term rental property is booked over a specific period, indicating its popularity and revenue potential.
A common abbreviation used in short-term rental listings to indicate that the property is suitable for accommodating two guests comfortably.
A pricing strategy that adjusts nightly rates based on real-time factors like demand, seasonality, and competitor pricing.
The strategic approach to maximizing rental income through pricing optimization, occupancy management, and other revenue-generating tactics.
Data reflecting the percentage of time a short-term rental property was booked over a specific period in the past, used to analyze seasonal trends, pricing strategies, and overall property performance.