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: Rental Demand
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The percentage of time that a rental property is booked and occupied by paying guests over a specific period, indicating the property’s popularity and revenue potential.
The percentage of time a short-term rental property is booked over a specific period, indicating its popularity and profitability.
The level of interest and bookings for short-term rentals near Okoboji Lake, Iowa, often fluctuating with seasons and events.
The percentage of time a short-term rental property is booked and occupied by guests over a specific period. Higher occupancy rates generally indicate greater profitability.
The percentage of time a short-term rental property is booked over a specific period, indicating its popularity and profitability.
Researching and understanding the trends, competition, and demand for short-term rentals in a specific location.
The percentage of time a short-term rental property is booked over a specific period. A high occupancy rate indicates strong demand and revenue potential.
The percentage of time a short-term rental is booked during a specific period after it is first listed on platforms like Airbnb and VRBO, often influenced by pricing and marketing strategies.
Evaluating the financial viability of purchasing a property for short-term rental purposes, considering factors like property prices, rental demand, operating expenses, and potential return on investment (ROI).
The process of determining the market value of a property for short-term rental purposes, considering factors such as location, amenities, rental demand, and comparable properties.