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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A pricing strategy for short-term rentals where rates are automatically adjusted in real-time based on factors like demand, availability, and competitor pricing.
The process of enhancing a short-term rental listing’s visibility and appeal on platforms like Airbnb and VRBO through compelling descriptions, high-quality photos,…
A service offered to guests, typically for an additional fee, where the host or a designated person picks them up from a…
When a new guest checks in immediately after the previous guest checks out, resulting in no vacancy between reservations.