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.
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Glossary Term: Airbnb
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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.
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.
A security feature that allows hosts and guests to verify their identities through official documents, enhancing trust and safety within the platform.
The set of rules and guidelines that determine the terms and conditions for canceling bookings on the Airbnb platform, outlining refunds and penalties.
The practice of combining and displaying short-term rental listings from multiple platforms, such as Airbnb and VRBO, on a single website or platform.
The process by which property management agencies optimize their clients’ listings on platforms like Airbnb and VRBO to enhance visibility, attract bookings, and maximize revenue.