ADR vs RevPAR: Know Your Industry Terms

If you’re not an expert in the hospitality industry or have never rented out a vacation home before, the amount of industry terms and acronyms you’ll encounter can be a bit overwhelming in the beginning. But the first step to becoming an expert is gaining the basic knowledge and fundamentals, and that’s why we’re starting a blog series titled “Know Your Industry Terms”--to help owners like you to further understand how the short-term rental industry works.