A strategic gap intentionally left in the booking calendar to accommodate unforeseen circumstances, such as last-minute cancellations or cleaning delays.
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Glossary Term: Flexibility
28 posts
A flexible space in a short-term rental property that can serve various functions, such as a home office, gym, or extra sleeping area, adding value and versatility.
A term for a host who demonstrates flexibility and adjusts their strategies and operations in response to changing market conditions, guest preferences, or unexpected situations.
Accommodating guest requests for check-in or check-out times outside the standard schedule, often requiring flexibility and communication from the host.
A cleaning schedule for a short-term rental that varies based on occupancy and booking frequency. This approach offers flexibility but requires careful planning and communication with cleaning staff.
Offering a flexible and guest-friendly refund policy for short-term rentals, providing peace of mind to potential guests and increasing booking confidence.
The terms and conditions that outline the penalties or refunds associated with guest cancellations, protecting both hosts and guests.
The terms and conditions outlining the cancellation policy for a short-term rental booking, including refund options and deadlines.
Utilizing lightweight and versatile gypsum board partitions to create flexible living spaces within the rental, accommodating varying guest needs and preferences.
A labor market characterized by short-term contracts or freelance work, often facilitated by online platforms, relevant to the flexible nature of short-term rental hosting.
Providing a variety of sleeping options beyond traditional beds, such as sofa beds, futons, or convertible furniture, to accommodate different group sizes and needs.
A fee charged to guests who request to check in earlier than the standard check-in time, subject to availability and host approval.