The process of sourcing, procuring, and managing the goods and services required to operate a short-term rental business, including furniture, linens, cleaning supplies, and maintenance services.
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Glossary Term: Management
12 posts
The oversight and management of external vendors and contractors hired to provide services related to a short-term rental property, such as cleaning, maintenance, or property management.
A secure knot often used in nautical settings, it can be metaphorically applied to the reliable and efficient management of various aspects of a short-term rental.
Effectively recruiting, training, scheduling, and managing cleaning personnel to ensure consistent cleaning standards and a positive guest experience.
The ability to manage and run your short-term rental business smoothly and cost-effectively, maximizing guest satisfaction and profits.
The recurring costs associated with running a short-term rental, including cleaning fees, property management fees, utilities, and maintenance.
A detailed list of tasks and procedures for managing a short-term rental, covering areas like guest communication, cleaning, maintenance, and check-in/check-out.
A legal document outlining the ownership and operational procedures for a business, especially important for short-term rental properties with multiple owners or managed by a company.
An individual or company that appears to be the host of a short-term rental property but is not the actual owner. This can be for privacy reasons, property management purposes, or other arrangements.
The complex task of overseeing and coordinating the operations of multiple short-term rental units, often requiring specialized software, staff, and strategies for efficiency.
A service offered by some short-term rental property managers that includes managing guest check-in and check-out, handling guest inquiries, and providing on-site assistance.
A centralized online platform or interface providing short-term rental hosts with access to key information, tools, and performance metrics related to their listings, bookings, and guest communication.