Insurance policies or security deposit procedures designed to protect short-term rental owners from financial losses due to property damage caused by guests.
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Glossary Term: Airbnb
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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.
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.
Hungarian term for “Property Revenue,” referring to the income generated from short-term rental bookings on platforms like Airbnb and VRBO.
Connecting and managing listings across multiple platforms, like Airbnb and VRBO, to maximize visibility and bookings.
Hungarian term for “Property Expense,” encompassing the various costs associated with owning and operating a short-term rental property, including cleaning fees, maintenance expenses, and platform fees.
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.