Integrated technology systems that allow remote control and automation of various aspects of a short-term rental property, such as lighting, temperature, and security.
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Glossary Term: Short-Term Rentals
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Software solutions designed to streamline and automate various aspects of short-term rental management, including bookings, guest communication, and financial reporting.
Adherence to all applicable laws, regulations, and tax requirements related to operating short-term rentals, including licensing, permits, and income reporting.
Measures taken by hosts or property managers to verify the identity and assess the suitability of potential guests before confirming bookings, often involving background checks and reviews.
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.
Providing clear and accurate information about the property, amenities, house rules, and local area in the listing description to ensure guests have realistic expectations and avoid potential issues.
Methods for encouraging satisfied guests to leave positive reviews on booking platforms, enhancing a property’s visibility and reputation.
Going above and beyond standard hospitality practices to create a memorable and positive stay for short-term rental guests, fostering positive reviews and repeat bookings.
Connecting a short-term rental’s availability calendar to local events, conferences, or festivals to optimize pricing and attract event-goers.
Adhering to ethical and sustainable guidelines in managing short-term rentals, including fair pricing, transparent communication, and respect for local communities and regulations.