A metric used to measure the percentage of time a short-term rental property is booked over a specific period. It is calculated by dividing the number of booked nights by the total number of available nights.
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A feature on Airbnb and VRBO that allows potential guests to contact hosts with questions before booking.
A metaphor for rapidly increasing profits in short-term rental management through strategic optimization of pricing, occupancy rates, and operational efficiency.
A system that allows guests to access the property without a physical key, using methods like keypads, smart locks, or mobile apps.
The process of improving a short-term rental listing on booking platforms to enhance its visibility, attract more bookings, and increase conversion rates.