A type of trust used for estate planning purposes that cannot be modified or revoked by the grantor (creator) once it is established. This can be relevant for short-term rental property owners.
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Glossary Term: Trust
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A security measure used by platforms like Airbnb and VRBO to confirm the identity of hosts and guests, often involving government-issued ID and/or facial recognition.
Elements influencing guest trust and booking decisions, including reviews, property descriptions, host communication, and verification badges.
Feedback provided by guests after their stay, publicly displayed on platforms like Airbnb and VRBO, influencing future booking decisions.
The importance of open and honest communication, accurate property descriptions, and fair pricing practices in fostering trust with potential guests.
A form of identification issued by a government agency, often required by Airbnb and VRBO for identity verification purposes.
The requirement for guests to verify their identity through official documentation or social media profiles, enhancing trust and security.
Third-party services that provide identity verification and background checks on potential guests to help hosts make informed booking decisions.
Steps taken by booking platforms like Airbnb and VRBO to confirm the identity of guests through government-issued ID, profile verification, and background checks to enhance trust and security.
The practice of providing clear and accurate information to potential guests about the total cost of their stay, including cleaning fees, taxes, and any additional charges, fostering trust and transparency in the booking process.
The online reputation of a short-term rental business, as reflected in guest reviews, social media mentions, and other digital platforms. Maintaining a positive ebrand reputation is essential for attracting bookings and building trust with guests.
Measures taken to verify the identity and legitimacy of guests before confirming bookings to enhance security.