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.
You may also like
The vertical distance between the crest of a tsunami wave and the mean sea level.
A thoughtful welcome amenity provided to guests upon arrival, typically containing a selection of snacks and drinks.
The absolute maximum number of guests allowed to sleep in a short-term rental property, often dictated by local regulations or safety codes.
Specialized insurance coverage designed for short-term rental properties, offering protection against risks like property damage, liability claims, and loss of rental income.