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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Managing listings across multiple platforms like Airbnb, VRBO, and Booking.com to reach a wider audience and optimize bookings.
The practice of analyzing data and market trends to adjust pricing strategies and maximize revenue for short-term rentals.
A guided visit to a winery or vineyard, typically including wine tasting and education about the winemaking process.
Local laws, regulations, and permit requirements that hosts must comply with when operating a short-term rental.