Software, tools, and platforms designed to streamline and optimize various aspects of short-term rental management, from listing management to guest communication.
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Glossary Term: Airbnb
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The revenue generated from short-term rental bookings, calculated by subtracting expenses like cleaning fees, platform fees, and taxes.
Managing the financial aspects of a short-term rental business, including tracking income and expenses, setting pricing, and handling taxes.
A digital or physical resource providing guests with essential information about the property, amenities, local area, and house rules.
A location or neighborhood with a high concentration of short-term rental properties and strong demand from travelers.
Specialized insurance policies designed to cover risks associated with short-term rental properties, such as property damage, liability, and lost income.
The end-to-end experience a guest has from booking to checkout, encompassing all touchpoints and interactions with the host and property.
The process of securely transferring property access to guests, often utilizing methods like lockboxes, smart locks, or key exchange services.
The online profile of a short-term rental property on platforms like Airbnb and VRBO, showcasing photos, descriptions, amenities, and pricing.
Communication between hosts and guests through platform messaging systems or other channels, facilitating booking inquiries, check-in instructions, and support.
A community or online platform where short-term rental hosts can connect, share knowledge, and access resources related to property management and hospitality.
The percentage of time a short-term rental property is booked over a specific period, indicating the property’s performance and revenue potential.