The percentage of potential guests who view a listing and then proceed to make a booking.
Conversion Rate
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Conversion Rate
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Handling secure online payments from guests for bookings, typically through integrated payment gateways within channel managers or property management systems.
A booking that has a higher than usual likelihood of cancellation, modification, or no-show, often due to factors like last-minute booking or…
A pricing strategy for short-term rentals where rates are automatically adjusted in real-time based on factors like demand, availability, and competitor pricing.
An individual or company responsible for the day-to-day management of a short-term rental property, handling tasks like guest check-in, maintenance, and communication.