The practice of outsourcing some or all aspects of short-term rental management to a specialized company, handling tasks like guest communication, cleaning, and maintenance.
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Glossary Term: Airbnb
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A search engine that aggregates listings from multiple short-term rental platforms like Airbnb, VRBO, and Booking.com, allowing travelers to compare prices and amenities across different sites.
A registered nurse who works temporary assignments in various locations, often staying in short-term rentals due to the flexible nature of their work.
A strategy where hosts list their short-term rental property on multiple platforms like Airbnb, VRBO, and Booking.com to increase visibility and booking potential.
A designation or recognition given to hosts or listings on platforms like Airbnb and VRBO based on exceptional performance metrics, such as high ratings and guest satisfaction.
A fee charged by platforms like Airbnb and VRBO to hosts for each booking made through their platform, usually calculated as a percentage of the booking amount.
Pre-written messages used by hosts to efficiently respond to common guest inquiries or situations, while maintaining a personalized and professional tone.
Measures taken by hosts or property managers to verify the identity and assess the suitability of potential guests before confirming bookings, often involving background checks and reviews.
Insurance policies or security deposit procedures designed to protect short-term rental owners from financial losses due to property damage caused by guests.
Research and analysis of the short-term rental market in a specific location, including factors like demand, competition, and seasonal trends.
Techniques used to improve the visibility and attractiveness of short-term rental listings on platforms like Airbnb and VRBO, including keyword optimization, high-quality photos, and compelling descriptions.
The process of monitoring, responding to, and managing guest reviews on short-term rental platforms to maintain a positive reputation and attract future bookings.