The difference between actual third-quarter performance metrics (e.g., revenue, occupancy) and the projected or budgeted figures, highlighting deviations from expectations.
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Glossary Term: Q3
10 posts
The overall guest experience during their stay in a short-term rental property during the third quarter, encompassing aspects like communication, cleanliness, and amenities.
A measure of revenue generation efficiency for short-term rentals during the third quarter, calculated as the revenue per available room night.
Local regulations and ordinances that specifically govern short-term rentals during the third quarter, potentially addressing noise levels, parking, and occupancy limits.
The percentage of booked nights in a short-term rental property during the third quarter of the year (July, August, September).
The total revenue generated from short-term rental bookings during the third quarter, minus all expenses incurred, including cleaning fees, management fees, and taxes.
The total income generated from short-term rental bookings during the third quarter of the year, before deducting any expenses.
A comprehensive analysis of a short-term rental property’s performance during the third quarter, including occupancy rates, revenue, expenses, and key performance indicators.
Observable patterns and shifts in short-term rental booking behavior, market demand, and pricing during the third quarter, often influenced by seasonal factors.
A metric representing the percentage of available nights booked in a short-term rental property during the third quarter, indicating the property’s occupancy level.