Key performance indicators (KPIs) used to evaluate the effectiveness and profitability of short-term rental agreements, such as occupancy rate, average daily rate (ADR), and net income.
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A reservation made directly through a host’s website or personal channels, bypassing third-party platforms and their associated fees.
A set period after a booking is canceled when the host may be able to receive a partial or full payout, depending…
The nightly or total price charged for a short-term rental stay that falls on a Monday through Thursday night, often set at…
The shortest duration a guest can book a short-term rental for, often implemented by hosts to manage cleaning schedules or target specific…