A type of insurance policy that provides coverage for events held at a specific venue, such as a short-term rental property, and may be required by some platforms or local regulations.
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Glossary Term: Events
17 posts
The coordination of all aspects of using a short-term rental property for events, such as weddings or corporate retreats.
Fluctuations in the demand for short-term rentals throughout the year, influenced by factors like holidays, school breaks, weather patterns, and local events.
Refers to the fluctuations or variations in demand for short-term rentals due to seasonality, events, or other market factors.
Guidelines outlining the terms and conditions for hosting events like parties, weddings, or gatherings at a short-term rental, often including restrictions, fees, and liability waivers.
Reservations made for events like birthdays, anniversaries, or small gatherings, often requiring additional services or amenities from the host.
Events or activities staged specifically to attract media attention and generate publicity for a short-term rental property. This can include themed parties, workshops, or collaborations with local businesses.
Collaborating with local businesses to host temporary events or experiences at the property, enhancing guest experience and potentially attracting new bookings.
Clearly defined rules and regulations set by hosts regarding parties or large gatherings at their short-term rental property.
The influence of the Olney Theatre Center in Olney, Maryland, on attracting visitors and generating demand for short-term rentals due to its theatrical productions and events.
Events, groups, and online forums where short-term rental hosts can connect with each other to share knowledge, resources, and support.
Adjusting rental rates in real-time based on factors like demand, seasonality, events, and competitor pricing to optimize revenue and occupancy.