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.
Menu
You may also like
The practice of managing bookings and guest communication across different time zones while remaining responsive during reasonable hours.
Using Ihome smart bulbs or lighting systems to allow guests to customize the ambiance of the short-term rental, enhancing their comfort and…
In the context of short-term rental management, breakage refers to revenue lost due to cancellations, guest no-shows, or other unforeseen circumstances.
The base price charged per night for a short-term rental property, excluding any additional fees or taxes.