Research and analysis of the short-term rental market in a specific location, including factors like demand, competition, and seasonal trends.
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Glossary Term: Short-Term Rentals
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Techniques used to improve the visibility and attractiveness of short-term rental listings on platforms like Airbnb and VRBO, including keyword optimization, high-quality photos, and compelling descriptions.
The process of monitoring, responding to, and managing guest reviews on short-term rental platforms to maintain a positive reputation and attract future bookings.
Websites created by short-term rental owners or managers to allow guests to book directly, bypassing third-party platforms and their associated fees.
The strategy of listing short-term rental properties on multiple platforms, such as Airbnb, VRBO, and Booking.com, to reach a wider audience of potential guests.
Methods and technologies used to provide secure and convenient access to short-term rental properties for guests, such as smart locks, keypads, and lockboxes.
Strategic approach to maximizing rental income through dynamic pricing, occupancy optimization, and revenue forecasting specific to short-term rentals on platforms like Airbnb and VRBO.
A comprehensive document or digital resource provided to guests upon booking that includes essential information about the property, amenities, house rules, and local recommendations.
Digital platforms and software solutions designed to streamline and automate guest communication for short-term rental hosts, including automated messaging, booking inquiries, and guest support.
Environmentally responsible approaches to short-term rental management, including energy efficiency measures, waste reduction, and the use of eco-friendly products.
The process of cleaning and preparing a short-term rental property between guest stays, often involving professional cleaning services, laundry, and restocking amenities.
Building and maintaining positive relationships with neighbors and the local community when operating a short-term rental property, addressing any concerns and ensuring minimal disruption.