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.
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 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.
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.