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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Refers to the seamless connection between a property management system and a channel manager, allowing for real-time updates on availability, rates, and…
Laws, ordinances, and guidelines set by local authorities that govern short-term rentals in a specific area, including permits, taxes, and occupancy limits.
Essential amenities that guests expect in a short-term rental, such as high-speed Wi-Fi, comfortable bedding, and basic toiletries, contributing to positive guest…
Connecting and managing listings across multiple platforms, like Airbnb and VRBO, to maximize visibility and bookings.