A comprehensive record of all expenses incurred in a year related to a short-term rental property, including mortgage payments, utilities, maintenance, and supplies.
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Glossary Term: Airbnb
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A yearly assessment of a short-term rental property’s performance, including financial analysis, guest feedback review, and identification of areas for improvement.
Insurance coverage specifically designed for short-term rental properties, protecting against liabilities, property damage, and loss of income.
The process of reporting income and expenses related to a short-term rental property on annual tax returns, complying with relevant tax regulations.
A strategic outline of marketing activities aimed at attracting guests to a short-term rental property throughout the year, including online advertising, social media promotion, and content marketing.
A proactive plan outlining regular maintenance tasks for a short-term rental property, ensuring its upkeep and minimizing potential issues.
A dynamic pricing tool for short-term rentals that uses machine learning to optimize daily rates based on factors like demand, seasonality, and competitor pricing.
A listing strategy where a host promotes their property across multiple short-term rental platforms, like Airbnb and VRBO, to maximize visibility and bookings.
The total income generated by a short-term rental property from guest bookings within a year, excluding any expenses or fees.
Airbnb’s comprehensive protection plan for hosts, covering property damage and liability claims up to specific limits.
A service offered by Airbnb that provides professional photography for eligible listings to enhance their visual appeal and attract more bookings.
A dedicated platform within Airbnb for hosts and guests to communicate and resolve any issues or disputes related to bookings.