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Vacation Rental Glossary

GDPR Compliance

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.

GDPR Compliance refers to adhering to the General Data Protection Regulation (GDPR), a comprehensive data privacy law enacted by the European Union (EU) in 2018.

The GDPR sets strict rules and guidelines for how companies must handle and protect the personal data of EU citizens, regardless of where the business is located. This regulation applies to vacation rental companies that operate within the EU or process the personal data of EU residents.