A metric used to measure the percentage of time a short-term rental property is booked over a specific period. It is calculated by dividing the number of booked nights by the total number of available nights.
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The process of distributing short-term rental listings across multiple online travel agencies (OTAs) and booking platforms to reach a wider audience.
A secure storage device for keys or access cards, allowing for contactless check-in and key exchange with guests.
A prediction of future occupancy rates based on historical data, market trends, and other relevant factors, used to inform pricing and revenue…
Meticulously recording all income and expenses related to the short-term rental property for accurate financial reporting, tax purposes, and profitability analysis.