A performance metric used in the hospitality industry that calculates the average revenue generated per available room, considering both occupancy rate and average daily rate.
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A curated guide provided to guests with recommendations for local attractions, restaurants, transportation, and activities to enhance their experience.
The opportunity for short-term rental hosts and guests to learn about and appreciate different cultures, fostering understanding and connection through shared experiences.
Refers to the cyclical pattern of bookings a short-term rental experiences throughout the year, often influenced by seasonality, local events, and travel…
Charges applied by hosts or property managers for each guest beyond the standard occupancy limit specified for a short-term rental property.