The process of collecting, analyzing, and interpreting data related to short-term rental performance, such as occupancy rates, revenue, and guest demographics.
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Glossary Term: Performance Tracking
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A central interface in property management software that provides an overview of key metrics, such as bookings, revenue, occupancy rates, and guest communications.
A comparison of a specific metric (e.g., revenue, bookings) between the current year and the previous year, used to track performance trends.
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).