Optional insurance offered by platforms like Airbnb and VRBO, providing coverage for hosts and guests in case of unexpected events like cancellations, damage, or liability claims.
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Glossary Term: Airbnb
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A semi-fictional representation of your ideal guest, based on research and data about your target market, used to tailor your marketing and listing details.
An accountant or tax advisor specializing in short-term rental income and expenses, providing guidance on tax obligations, deductions, and compliance.
A type of insurance that protects travelers and hosts from financial losses due to unexpected events, such as trip cancellations, medical emergencies, or property damage.
High-quality photographs that showcase the best features of a short-term rental property, designed to attract potential guests and accurately represent the space.
Any interaction a guest has with your short-term rental business, from initial inquiry to post-stay review, representing an opportunity to enhance their experience.
Online platforms like Airbnb and VRBO that cater to a large volume of tourists seeking short-term accommodations.
A software solution that allows property managers to manage their listings and bookings across multiple online travel agents (OTAs) like Airbnb and VRBO from a single platform.
Websites created by short-term rental owners or managers to allow guests to book directly, bypassing third-party platforms and their associated fees.
Refers to the seamless integration between a property management system (PMS) and online travel agents (OTAs) like Airbnb and VRBO, enabling real-time updates of availability, rates, and bookings.
The strategy of listing short-term rental properties on multiple platforms, such as Airbnb, VRBO, and Booking.com, to reach a wider audience of potential guests.
The strategy of listing and promoting short-term rental properties on multiple online travel agents (OTAs) like Airbnb and VRBO to reach a wider audience and maximize bookings.