Local government rules and laws governing short-term rental operations, such as permits, taxes, and noise ordinances.
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Glossary Term: Short-Term Rental
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The process of transferring funds between guests, hosts, and booking platforms for short-term rental transactions.
Promotional content used to attract guests to a short-term rental, including photos, descriptions, and videos.
A portable device providing internet access for guests, often offered as an amenity in short-term rentals.
A security measure requiring multiple forms of verification to access accounts, enhancing security for hosts and guests.
A situation where the number of short-term rentals in a specific area exceeds guest demand, potentially impacting occupancy rates.
A building or complex containing multiple individual units that are rented out as short-term rentals.
Using a smartphone app or website to access a short-term rental, often through digital keys or codes.
A strategy where investors rent properties on a mid-term basis (typically 1-6 months) and sublet them on a short-term basis for a higher nightly rate.
A cleaning service offered between bookings, particularly common for longer stays in short-term rentals.