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.
You may also like
Key performance indicators (KPIs) used to measure the success and performance of a vacation rental business, such as occupancy rate, average daily…
Organic promotion generated by satisfied guests who recommend a short-term rental to their friends, family, or colleagues, often through online reviews, social…
Measures taken by hosts or property managers to verify the identity and assess the suitability of potential guests before confirming bookings, often…
The use of various light sources, fixtures, and styles to create a layered and inviting ambiance in a short-term rental.