Refers to the ability for guests to quickly and easily book a short-term rental due to its availability and appealing features.
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Glossary Term: Booking
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Hungarian term for “Available Guest,” referring to potential renters actively searching and booking short-term rentals on platforms like Airbnb and VRBO.
Similar to e-commerce, it refers to potential guests who initiate a booking on platforms like Airbnb or VRBO but leave before completing the reservation.
A short-term rental booking with a relatively short lead time between the booking date and the check-in date. These are often spontaneous or last-minute trips.
Search filters used on platforms like Airbnb and VRBO that allow guests to narrow down their search results based on specific criteria, such as dates, location, and amenities.
A reservation system where guests can book any available dates without requiring host approval, often seen on platforms like Airbnb and VRBO.
A booking where the guest has made a reservation but has not yet completed the booking process, such as providing payment information.
The availability displayed on a short-term rental listing that may not reflect real-time accuracy due to pending bookings, maintenance schedules, or other factors.
A reservation type where the guest is charged the full amount upfront and is not entitled to a refund if they cancel, often offered at a discounted rate.
A booking type where guests are not entitled to a refund if they cancel, often offered at a discounted rate.
An agreement between a host and a guest to cancel a confirmed booking, typically initiated due to unforeseen circumstances or a change in plans by either party.