The percentage of time a short-term rental property is booked and occupied during a given week, often used as a key performance indicator (KPI) in the industry.
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Making strategic improvements and renovations to the property based on insights into the preferences and expectations of the defined target market.
Implementing eco-friendly measures in short-term rentals, such as energy-efficient appliances, water conservation efforts, and waste reduction programs.
A performance metric used in the hospitality industry that calculates the average revenue generated per available room, considering both occupancy rate and…