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.
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Glossary Term: Short-Term Rentals
190 posts
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.
A growing trend in the travel industry where grandparents travel with their grandchildren, often opting for spacious and family-friendly short-term rentals over traditional hotels.
A leading travel industry intelligence platform providing news, research, and insights on the short-term rental market.
A popular travel search engine that allows users to compare prices for flights, hotels, and rental cars, including short-term rentals listed on platforms like Airbnb and VRBO.
Analyzing booking patterns and occupancy rates within a specific geographic area to inform pricing, marketing, and property acquisition decisions for short-term rentals.
Technologies that enable guests to access short-term rental properties without in-person interaction, such as smart locks, keypads, or lockboxes.
Exploring insurance policies specifically designed for short-term rental properties, covering potential risks not typically included in standard homeowner’s or landlord’s insurance.
Expanding income sources beyond nightly rental rates by offering additional services or amenities to short-term rental guests, such as airport transfers, grocery delivery, or local experiences.
Staying informed about and adhering to local laws, regulations, and tax requirements related to short-term rental operations in a given area.