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.
Menu
You may also like
The shortest allowable booking duration for a rental property, set by the host to manage availability and optimize pricing.
Utilizing a lockbox system to provide guests with a convenient and secure way to access the property upon arrival, often with keyless…
A special rate agreed upon between a host and a guest, typically for extended stays, corporate bookings, or repeat customers.
Taxes imposed by local governments on short-term rentals, often as a percentage of the rental income or a flat fee per night.