Similar to e-commerce, it refers to potential guests who initiate a booking on platforms like Airbnb or VRBO but leave before completing the reservation.
You may also like
Stands for “Short-Term Vacation Software Integration,” denoting the seamless connection between different software systems used in short-term rental management, such as property…
The potential for higher rental rates and occupancy rates for short-term rental properties located directly on a riverfront, reflecting the desirability of…
The process of confirming a guest’s identity to prevent fraud and ensure the safety and security of the property and other guests.
Rules, laws, and guidelines established by governments or platforms to regulate the short-term rental industry, covering aspects like safety, taxation, and licensing.