Length of Stay Discounts reduce rates for longer bookings, like weekly or monthly stays. Example: A guest receives a 10% discount for booking seven nights instead of five.
Vacation Rental Glossary
Length of Stay Discounts
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.
