A predetermined amount of money set aside by hosts to cover the expected depreciation of furnishings, appliances, and other property features due to normal use by guests.
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Glossary Term: Airbnb Hosting
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The steps involved in welcoming a new guest to a short-term rental, from booking confirmation to check-out instructions.
The practice of renting out a portion of one’s primary residence to guests on a short-term basis, typically through platforms like Airbnb.
Strategies and techniques aimed at maximizing the percentage of time a short-term rental property is booked, utilizing pricing adjustments, marketing efforts, and calendar management to minimize vacancy periods.
Pre-written messages designed to streamline host communication with guests, covering common inquiries, booking confirmations, check-in instructions, house rules, and post-stay follow-ups.
A broader term encompassing various forms of renting out one’s primary residence or a portion of it for short periods, often facilitated through platforms like Airbnb and VRBO.
The practice of renting out a portion or the entirety of one’s primary residence to guests for short-term stays.
Conducting focus groups with potential guests to gather feedback on listings, pricing, and amenities to optimize the rental experience and attract more bookings.
Organic promotion generated by satisfied guests who recommend a short-term rental to their friends, family, or colleagues, often through online reviews, social media posts, or personal referrals.
The process of preparing a short-term rental property for the winter season, especially in colder climates, to prevent damage from freezing temperatures, such as draining pipes, insulating pipes, and covering outdoor furniture.
Coverings used on windows to enhance privacy, control light, and add a decorative touch to a short-term rental, such as curtains, blinds, or shades.
A type of insurance coverage that protects short-term rental owners from financial losses caused by water damage to their property, typically covering repairs, replacement costs, and loss of rental income.