Words

the number of booked nights divided by the sum of the available nights and booked nights.

the occupancy that the property is expected to achieve for a specified period of time.

the proportion of accommodation which is booked or being used.

typically lower rates that have special booking conditions. For example, guests will still have to pay the full price if they cancel, make changes or don’t show up. In other words, they will not receive a refund in the event of cancellation.

not limited to only one person or organization, or to one group of people or organizations

a system that tracks the volume levels in a property and alerts host when it exceeds a pre-determined maximum.

the case where some guests with a reservation do not show up to use the property they have reserved, without explicit cancellation.

The rate (amount of money) charged for each night of your stay.

a specialized segment of the market for a particular kind of accomodation house

the total amount that a property owner receives from a distribution channel (such as Vrbo or HomeAway) after the commission has been deducted.