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.
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.
A dynamic pricing tool that automatically adjusts nightly rates based on factors like demand, seasonality, and competitor pricing.
The process of improving various aspects of an Airbnb listing to increase its visibility, attract more bookings, and maximize revenue.