Measurable values that track the success and performance of a short-term rental business, such as occupancy rate, average daily rate, and guest satisfaction.
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Glossary Term: Performance Tracking
28 posts
Emphasizes the use of data analytics and insights to make informed decisions about pricing, marketing, and operations in short-term rental management.
The process of comparing key performance indicators (KPIs) of a short-term rental business, such as occupancy rates and revenue, from one year to the previous year to track progress and identify areas for improvement.
Data and trends provided by platforms like Airbnb and VRBO, offering insights into booking patterns, competitor performance, and market demand.
A centralized platform or tool that provides key metrics and insights into listing performance, such as occupancy rates, average daily rates, and guest reviews.
Leveraging data from various sources like booking platforms, market trends, and guest feedback to gain insights, make informed decisions, and improve performance.
Visual tools that track key financial metrics like revenue, expenses, and occupancy rates, enabling data-driven decisions for your rental business.
The use of data and performance metrics to track key indicators like occupancy rates, revenue, and guest satisfaction for informed decision-making.
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 collecting, analyzing, and interpreting data related to short-term rental performance, such as occupancy rates, revenue, and guest demographics.
A central interface in property management software that provides an overview of key metrics, such as bookings, revenue, occupancy rates, and guest communications.