A key performance indicator (KPI) in the hospitality industry that measures the revenue generated per available rental unit, calculated as average daily rate multiplied by occupancy rate.
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A prominent design and architecture magazine that can serve as inspiration for stylish and aspirational interior design in short-term rentals.
A cloud-based property management system specifically designed for hotels, sometimes used by larger short-term rental operators for its robust features and integrations.
The average duration for which guests book and stay at a particular short-term rental property.
An official notification sent to the guest and host confirming the reservation details, including dates, rates, and house rules.