A metric used to measure the percentage of time a short-term rental property is occupied by paying guests over a specific period.
Menu
Glossary Term: Airbnb
541 posts
A secure method of allowing guests access to a short-term rental property without using traditional keys, often through smart locks, keypads, or mobile apps.
The built-in communication platform on Airbnb and VRBO that allows hosts and guests to interact securely before, during, and after a booking.
The practice of analyzing data and market trends to adjust pricing and availability strategies in real-time to maximize revenue and occupancy for a short-term rental property.
The process of improving a short-term rental listing on platforms like Airbnb and VRBO to attract more bookings and maximize visibility.
A software solution that allows property managers to manage their listings across multiple short-term rental platforms like Airbnb, VRBO, and Booking.com from a single dashboard.
The practice of monitoring, responding to, and managing guest reviews on Airbnb and VRBO to maintain a positive online reputation.
A plan for setting competitive and profitable rental rates for a short-term rental property based on factors like seasonality, demand, and competition.
The process of vetting potential guests before accepting a booking to minimize risks and ensure a safe and enjoyable experience for both hosts and guests.
Specialized software designed to help hosts manage their short-term rental properties more efficiently, often including features like booking management, calendar synchronization, and automated messaging.
Adhering to all local laws, regulations, and taxes related to short-term rentals, including permits, licenses, and occupancy limits.
Obtaining adequate insurance protection for a short-term rental property, including coverage for property damage, liability, and potential guest injuries.