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.
Creating a catchy and memorable phrase or tagline that encapsulates the essence of a short-term rental property and appeals to potential guests.
The percentage of time a short-term rental property is booked over a specific period, indicating its popularity and profitability.
A short-term rental booking with a relatively short lead time between the booking date and the check-in date. These are often spontaneous or last-minute trips.
A segment of the short-term rental market characterized by bookings for short stays, often within driving distance of guests’ homes.
The process of cleaning, preparing, and resetting a short-term rental unit between guest stays, ensuring a comfortable and welcoming environment for the next guest.