A performance metric used in the hospitality industry that calculates the average revenue generated per available room, considering both occupancy rate and average daily rate.
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The personal time, effort, and labor invested by a host in managing and maintaining their short-term rental property instead of outsourcing tasks.
Fast and reliable internet access provided as an essential amenity for short-term rental guests, particularly important for remote workers and digital nomads.
The fluctuation in demand and pricing for vacation rentals based on time of year, holidays, and local events.
The percentage of time a short-term rental property is occupied by paying guests over a specific period.