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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Assistance and support provided to guests throughout their stay, addressing their needs and resolving any issues.
Evaluating the balance between the number of available short-term rentals and the demand from travelers in a specific market to identify pricing…
The rivalry among traditional lodging establishments like inns and short-term rentals in Old Lyme, Connecticut, for tourist bookings and revenue.
The process of determining the market value of a short-term rental property, considering factors like location, size, and amenities.