The efficient management of a vacation rental property’s availability calendar across multiple booking platforms to maximize occupancy and revenue.
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Glossary Term: Revenue
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The collection, analysis, and interpretation of data related to vacation rental property performance, such as occupancy rates, revenue, and guest demographics.
The process of improving a vacation rental property’s listing on online travel agencies (OTAs) to increase visibility, attract more bookings, and maximize revenue.
A measure of the profitability of a short-term rental property, calculated by subtracting operating expenses from revenue.
The total revenue generated from short-term rental bookings before deducting any expenses such as cleaning fees, platform commissions, or management fees.
A comprehensive analysis of a short-term rental property’s performance during the third quarter, including occupancy rates, revenue, expenses, and key performance indicators.
A tax imposed by local governments on overnight accommodations, including hotels and short-term rentals, to generate revenue for tourism-related expenses and infrastructure.
The profit earned from a short-term rental property after deducting all expenses, including mortgage payments, property taxes, utilities, cleaning fees, and platform fees.
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 optimal price point for a short-term rental that maximizes bookings and revenue, balancing demand and competition.
Hungarian term for “Property Revenue,” referring to the income generated from short-term rental bookings on platforms like Airbnb and VRBO.
The income generated from renting out a property on a short-term basis, typically calculated on a nightly or weekly basis.