The normal deterioration of a property and its furnishings due to regular use over time, as opposed to damage caused by negligence or misuse.
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Glossary Term: Airbnb Hosting
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A reduced rate offered to guests who book a short-term rental for a full week or longer, incentivizing extended stays and increasing occupancy during slower periods.
The nightly or total price charged for a short-term rental stay that includes a Friday and/or Saturday night, often set at a premium compared to weekday rates due to higher demand.
The concept of maintaining a healthy equilibrium between work responsibilities and personal time, particularly relevant for short-term rental hosts who need to manage their businesses while also enjoying their own lives.
An online platform or software that allows short-term rental owners to create and manage their own websites for direct bookings, showcasing their properties and bypassing third-party platforms.
Laundry appliances provided within a short-term rental, allowing guests to wash and dry their clothes during their stay, particularly convenient for longer stays or families traveling with children.
A metric that measures how easily guests can access nearby amenities and attractions from a short-term rental on foot, often highlighted in listings to attract travelers seeking convenience and local experiences.
A standard amenity expected by most short-term rental guests, providing wireless internet access throughout the property for work, entertainment, and staying connected.
A short-term rental property specifically marketed towards remote workers or digital nomads, offering amenities and features conducive to productivity and extended stays, such as dedicated workspaces, high-speed internet, and comfortable living areas.
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.