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.
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Glossary Term: Airbnb
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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.
Methods and technologies used to provide secure and convenient access to short-term rental properties for guests, such as smart locks, keypads, and lockboxes.
Hungarian term for “Regulatory Zone,” referring to specific geographical areas with unique rules and regulations for short-term rentals, often found in cities like Budapest.
Hungarian term for “Property Taxation,” referring to the specific tax obligations and regulations applicable to short-term rental income in different jurisdictions.
Hungarian term for “Seasonal Pricing,” referring to the practice of adjusting short-term rental rates based on fluctuating demand during different times of the year.
Hungarian term for “Property Law,” encompassing the legal framework governing short-term rentals, including zoning regulations, licensing requirements, and tenant rights.
Hungarian term for “Amenities,” referring to the facilities and services provided at a short-term rental property to enhance guest comfort and satisfaction.
Hungarian term for “Property Trends,” referring to emerging patterns and shifts in the short-term rental market, influencing factors such as guest preferences, pricing strategies, and property management approaches.