The reasoning provided by a host for charging specific fees or requiring certain conditions from guests, such as a security deposit for potential damages or a minimum stay requirement during peak season.
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Glossary Term: Transparency
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The degree to which a short-term rental listing accurately reflects the property’s features, amenities, and condition in photos and descriptions.
Building and maintaining positive relationships with neighbors and the local community to address concerns and foster a welcoming environment.
An Albanian word for “judgment.” Encouraging guests to leave honest reviews and providing constructive feedback helps improve your services and allows potential guests to make informed judgments about your property.
A statement disclosing whether the property is located within a designated flood zone, required by some jurisdictions for transparency and risk management.
Setting clear and transparent pricing policies that adjust based on the number of guests staying, ensuring fairness and avoiding surprises.
A record of all interactions and correspondence between a host and their guests, typically maintained within a property management software or platform.
An additional charge levied by some short-term rental properties or platforms to cover the costs of shared amenities like swimming pools, fitness centers, or parking facilities.
The commitment of a short-term rental host or property manager to provide truthful and accurate information about the property, amenities, location, and other aspects of the listing.
The practice of clearly communicating water usage policies and potential charges to guests in advance, especially in areas with water scarcity or high usage rates.
Setting fair and transparent pricing for short-term rentals, considering factors like seasonality, demand, competitor rates, and value provided to guests. Ethical pricing fosters trust with guests and contributes to a sustainable rental market.
The importance of clearly communicating house rules and expectations to guests to ensure a smooth and enjoyable stay for all parties.