Key performance indicators (KPIs) used to measure the effectiveness of yield management strategies for short-term rentals. These metrics include occupancy rate, average daily rate (ADR), revenue per available rental (RevPAR), and length of stay.
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A period of exceptionally high demand for vacation rentals, typically during peak seasons or special events. This often leads to increased bookings…
Additional perks and conveniences provided to short-term rental guests free of charge, such as toiletries, snacks, Wi-Fi, or parking.
Strategies and techniques used to improve the visibility and attractiveness of short-term rental listings on platforms like Airbnb and VRBO.
An abbreviation for “Short-Term Vacation Network,” it encompasses the interconnected web of online platforms, property managers, service providers, and resources that facilitate…