Vacation Rental Glossary

Booking window

Vacation rental metrics or key performance indicators are critical measurable aspects of your business that you can lean on to understand and manage your business better. From occupancy rates to referrals your vacation rental is getting, it can be helpful to track these metrics. “You can’t improve what you don’t measure!”

If you understand the business metrics, you and/or the vacation rentals’ manager will be able to analyze the return on your investment and return on revenue more accurately to improve your operations.

The booking window is the number of days between when the booking was made and the first stay date for that booking. A same-day booking, where the first stay date is the same as the booked date, would have a Booking Window of 0. If someone books today to start their stay tomorrow, that would be a Booking Window of 1. Etc.

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