{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Casa-Cast","title":"Revenue Management Terms You Need to know. ","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/558bc3d0\"></iframe>","width":"100%","height":180,"duration":2533,"description":"Top 10 Revenue Management Terms Every Property Manager Should KnowIn this episode, Steve interviews Desiree Garcia, the co-founder of RevMax. The discussion centers around the top 10 revenue management terms vital for property managers. The conversation begins by highlighting Desiree's extensive experience in the industry and how she partnered with Carlos and Streamline to create RevMax. The terms covered include Revenue, Occupancy, ADR (Average Daily Rate), RevPAR (Revenue Per Available Unit), Pace, Paid Occupancy, Availability, Booking Window, Length of Stay, and Forecast, Goal, and Budget. The episode provides valuable insights into understanding these metrics and their impact on revenue management strategies. Additionally, a bonus term, Opportunity Loss, is discussed, emphasizing the importance of optimizing availability and preventing occupancy gaps.00:00 Introduction and Guest Welcome00:57 Desiree Garcia's Journey in Revenue Management03:00 Understanding Revenue Management Terms03:05 Revenue and Occupancy06:47 Average Daily Rate (ADR)10:56 Revenue Per Available Room (RevPAR)17:09 Pace and Paid Occupancy23:26 Availability and Booking Window32:45 Length of Stay and Forecasting40:14 Conclusion and Final Thoughts","thumbnail_url":"https://img.transistorcdn.com/9nMLNCwHXVjwzXHEuY3puYKiuaMoxZLrYmE6-Dr02kc/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzQ4MzYyLzE3MDQz/OTI0NDMtYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}