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.
An immersive digital representation of the property, often using 360-degree photos or videos, allowing potential guests to virtually explore the space online.
A reservation request that requires host approval based on factors like guest reviews or specific booking requirements.
The selection and arrangement of furniture, decorations, and amenities to create an appealing and comfortable atmosphere for guests.
The average cost incurred to acquire a new guest, including marketing, advertising, and other expenses, used to measure marketing effectiveness.
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