Specific rules and ordinances implemented by local governments to regulate short-term rentals listed on platforms like Airbnb, often addressing issues like registration requirements, occupancy limits, and noise restrictions.
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Glossary Term: Short-Term Rentals
190 posts
A dynamic pricing tool for short-term rentals that uses machine learning to optimize daily rates based on factors like demand, seasonality, and competitor pricing.
A property management platform designed for short-term rentals, offering features like channel management, guest communication, and automation tools.
A business model where a third-party company manages short-term rental properties on behalf of the owner, handling tasks like listing creation, guest communication, and pricing optimization.
A property management software designed for short-term rentals, offering features like channel management, booking automation, and guest communication tools.
Strategies and techniques employed by property management agencies to optimize rental income for their clients’ short-term rental properties, including dynamic pricing, yield management, and revenue forecasting.
A comprehensive and intensive marketing effort aimed at rapidly increasing bookings and brand awareness for short-term rental properties, often employing a multi-channel approach.
The process of addressing and resolving conflicts or disagreements that may arise between hosts and guests, or between property managers and owners, related to short-term rental agreements.
Key performance indicators (KPIs) used to evaluate the effectiveness and profitability of short-term rental agreements, such as occupancy rate, average daily rate (ADR), and net income.
Collaborations between short-term rental hosts and local agritourism businesses, such as farms, wineries, and ranches, to offer guests unique experiences and promote rural tourism.