Short-Term Rental Glossary

A fundamental indicator representing the average price paid per occupied room in a given period.

A software application integrated into a website that allows guests to book directly and pay online securely.

A software that automatically synchronizes rates, availability, and bookings across multiple booking platforms (OTAs) such as Airbnb, Booking.com, and VRBO.

A booking received directly by the owner or manager, without the intermediation of OTA portals.

A revenue management strategy that adapts prices in real-time based on supply, demand, and other market factors.

The public page on an OTA that presents the property to potential guests, complete with photos, description, services, and prices.

A restriction that imposes a minimum number of bookable nights for a given period.

The percentage of booked nights relative to the total available nights in a given period.

Online booking platforms like Airbnb, Booking.com, and Expedia that act as intermediaries between guests and accommodations.

An all-in-one management software that helps property managers handle daily operations: bookings, check-ins, cleaning, accounting, and reporting.

A key performance indicator (KPI) that measures the average revenue generated for each room or unit available in a given period.