A category used to classify short-term rentals based on the configuration and amenities offered, such as a studio, one-bedroom, or entire home.
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Glossary Term: Short-Term Rental
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A pricing strategy used by short-term rental platforms, like Airbnb and VRBO, where prices increase significantly during periods of high demand, such as holidays or special events.
A temporary or permanent deactivation of a host or guest account on a short-term rental platform due to violations of terms of service, safety concerns, or other policy breaches.
Software designed specifically for managing short-term rentals, encompassing features such as listing management, booking automation, guest communication, and financial reporting.
Eco-friendly and socially responsible products and services offered to guests in short-term rentals, such as organic toiletries, energy-efficient appliances, and locally sourced goods.
A comprehensive plan for managing and optimizing short-term rental properties, encompassing aspects like pricing, marketing, guest experience, and financial management.
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.
Digital tools and resources designed to assist with various aspects of short-term rental management, including channel management software, pricing tools, and guest communication platforms.
A provision in a short-term rental agreement or local regulation that sets an expiration date or limits the duration of short-term rentals in a particular area.
The process of distributing short-term rental listings across multiple online travel agencies (OTAs) and booking platforms to reach a wider audience.
The level of monitoring and interaction a host provides during a guest’s stay, ranging from minimal contact to on-site presence.
The collective sector encompassing all businesses and activities related to short-term rental accommodations, including property management, technology platforms, and hospitality services.