The process of improving a vacation rental property’s listing on online travel agencies (OTAs) to increase visibility, attract more bookings, and maximize revenue.
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Glossary Term: Revenue
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The efficient management of a vacation rental property’s availability calendar across multiple booking platforms to maximize occupancy and revenue.
The collection, analysis, and interpretation of data related to vacation rental property performance, such as occupancy rates, revenue, and guest demographics.
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 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.
A comprehensive analysis of a short-term rental property’s performance during the third quarter, including occupancy rates, revenue, expenses, and key performance indicators.
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.