Integrated technology systems that allow remote control and automation of various aspects of a short-term rental property, such as lighting, temperature, and security.
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Glossary Term: Airbnb
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Software solutions designed to streamline and automate various aspects of short-term rental management, including bookings, guest communication, and financial reporting.
Adherence to all applicable laws, regulations, and tax requirements related to operating short-term rentals, including licensing, permits, and income reporting.
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.
Hungarian term for “Property Cleaning,” highlighting the essential role of maintaining high cleanliness standards in short-term rental properties for guest satisfaction.
The collective businesses and organizations involved in providing services and experiences for travelers, including short-term rentals.
Hungarian term for “Property Maintenance,” emphasizing the importance of proactive upkeep and repairs to ensure the functionality and appeal of short-term rental properties.
Specific periods of the year when a destination experiences a surge in tourist activity and higher demand for short-term rentals.
Hungarian term for “Property Communication,” referring to the effective exchange of information between hosts and guests regarding booking details, check-in instructions, and other essential aspects of the short-term rental experience.
Hungarian term for “Property Revenue,” referring to the income generated from short-term rental bookings on platforms like Airbnb and VRBO.