Length of stay (LOS) refers to the total number of nights a guest stays at a rental property, hotel, or accommodation. LOS impacts revenue management, as longer stays often result in discounted rates or special offers, while shorter stays may have higher rates to compensate for operational costs.
Vacation Rental Glossary
Length of Stay Pricing
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.
