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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The total income generated from short-term rental bookings, including nightly rates, cleaning fees, extra guest charges, and other potential revenue streams, minus…
A colloquial term used to describe a short-term rental property that is perceived as generic, standardized, or lacking in unique character, often…
A reservation made directly with the host or property manager, bypassing third-party platforms like Airbnb or Vrbo.
The process of tracking and managing available dates for short-term rentals across multiple platforms like Airbnb and VRBO, often using specialized software…