The percentage of time a short-term rental property is booked over a specific period, often used as a key performance indicator (KPI) for rental success.
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Usage Rate
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An additional charge applied per person beyond the maximum occupancy limit stated in the listing, covering extra resource consumption.
The use of technology to automate and remotely control various aspects of a short-term rental, such as lighting, temperature, and security.
A software tool that automatically adjusts rental rates based on factors like demand, seasonality, competition, and other market variables to optimize revenue.
Implementing and enforcing property rules and guidelines based on past guest requests and behaviors to prevent issues and ensure a smooth experience.