Metrics lexicon
Calendar nights
Number of nights - irrespective of listing status - that are in a timeframe.
Example
28 days
Bookable nights
Number of nights that can be booked by a guest, i.e excluding blocked nights.
Example
19 days
Blocked nights
Number of nights that are blocked off by the host.
Example
9 days
Booked nights
Number of nights that are booked by a guest.
Example
12 days
Available nights
Number of nights still available to book by a guest.
Example
7 days
Asking rate
Average nightly price of bookable nights, i.e. excluding blocked nights, in a time frame.
Example
$88.20
Openness
Percentage of bookable nights in a time frame: bookable nights / calendar nights.
Example
67.9%
Occupancy
Percentage of nights booked out of total nights in a time-frame: booked nights / calendar nights. This means that “Occupancy” = “Adjusted Occupancy” * “Openness”.
Example
42.9%
Adjusted occupancy
Percentage of nights booked out of bookable nights, i.e. excluding blocked nights, in a time-frame: booked nights / bookable nights.
Example
63.20%
Nightly revenue
Sum of nightly prices of booked nights in a time-frame.
Example
$1,045
Total revenue
Sum of total revenue from reservations (incl. fees) in a time-frame. Reservations that cross time-frame boundaries are split up by number of days.
Example
$1,120
Average nightly rate
Average nightly price of booked nights in a time-frame.
Example
$87.10
Average daily rate
Total revenue in a time-frame divided by number of booked nights in the time-frame.
Example
$93.30
RevPAR
Total revenue in a time-frame divided by number of calendar nights in the time-frame. Equals ADR * Occupancy.
Example
$40.00
Adjusted RevPAR
Total revenue in a time-frame divided by number of bookable nights in the time-frame. Equals ADR * Adjusted Occupancy.
Example
$58.90
Nightly RevPAR
Nightly revenue in a time-frame divided by number of calendar nights in the time-frame. Equals ANR * Occupancy.
Example
$37.30
Adjusted Nightly RevPAR
Nightly revenue in a time-frame divided by number of bookable nights in the time-frame. Equals ANR * Adjusted Occupancy.
Example
$55.00
Lead time
Average number of days between booking date and check in date for reservations in a time-frame.
Example
74.7 days
Length of stay
Average length (number of days between check-in and check-out) for reservations in a time-frame.
Example
4 days
Example calendar
February 2023
Locked
Booked
Mon
Tue
Wed
Thu
Fri
Sat
Sun
1
$85
2
$90
3
$90
4
$90
5
$90
6
$85
7
$85
8
$85
9
$85
10
$85
11
$85
12
$90
13
$90
14
$90
15
$90
16
$90
17
$90
18
$90
19
$85
20
$85
21
$85
22
$85
23
$85
24
$85
25
$90
26
$90
27
$90
28
$85
Bookings
| Start | End date | Booked at | Fees |
|---|---|---|---|
| Feb. 7, '23 | Feb. 11, '23 | Dec. 3, '22 | Cleaning: $20, extra guest $15 |
| Feb. 13, '23 | Feb. 18, '23 | Nov. 17, '22 | Cleaning: $20 |
| Feb. 21, '23 | Feb. 24, '23 | Dec. 13, '22 | Cleaning: $20 |