A key performance indicator (KPI) in the hospitality industry that measures the revenue generated per available rental unit, calculated as average daily rate multiplied by occupancy rate.
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A basic first aid kit made available to guests by the host, typically containing essential supplies for minor injuries or emergencies.
A detailed plan provided by hosts to guests, outlining suggested activities, attractions, restaurants, and transportation options in the area surrounding the short-term…
A private balcony attached to a short-term rental unit that offers panoramic views of a nearby body of water, enhancing the guest…
A German legal structure similar to a general partnership, sometimes relevant for property co-ownership in the context of short-term rentals.