A key performance indicator (KPI) used in the hospitality industry to measure the revenue generated per available rental unit over a specific period. It helps assess the profitability and efficiency of a rental property.
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Environmentally responsible approaches to short-term rental management, such as using eco-friendly cleaning products, conserving energy and water, and promoting local sustainability initiatives.
The thorough cleaning of a short-term rental property between guest stays. This typically includes laundry, sanitizing surfaces, restocking amenities, and preparing the…
The total income generated from short-term rental bookings, including nightly rates, cleaning fees, extra guest charges, and other potential revenue streams, minus…
A desirable goal for short-term rental hosts, aiming to achieve consistent bookings and high occupancy rates throughout the entire year, regardless of…