Utilizing historical data, market trends, and booking patterns to project future revenue and inform pricing and investment decisions.
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Glossary Term: Short-Term Rental Analytics
5 posts
A key performance indicator (KPI) in short-term rental management, representing the percentage of time a property is booked over a specific period.
A situation in short-term rentals where a property is booked for only a portion of the available dates within a given period.
The process of examining data related to the length of guest stays at a short-term rental property to identify patterns and optimize pricing strategies.
The percentage of potential guests who initiate a booking process on a short-term rental platform but do not complete it.