A broader term encompassing various forms of renting out one’s primary residence or a portion of it for short periods, often facilitated through platforms like Airbnb and VRBO.
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Glossary Term: VRBO Hosting
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The practice of renting out a portion or the entirety of one’s primary residence to guests for short-term stays.
The process of preparing a short-term rental property for the winter season, especially in colder climates, to prevent damage from freezing temperatures, such as draining pipes, insulating pipes, and covering outdoor furniture.
Coverings used on windows to enhance privacy, control light, and add a decorative touch to a short-term rental, such as curtains, blinds, or shades.
A type of insurance coverage that protects short-term rental owners from financial losses caused by water damage to their property, typically covering repairs, replacement costs, and loss of rental income.
A comprehensive document or digital resource provided to guests upon booking or arrival, containing essential information about the short-term rental, local area, house rules, and contact details.
The nightly or total price charged for a short-term rental stay that falls on a Monday through Thursday night, often set at a lower rate compared to weekend rates due to lower demand.
A type of short-term rental where guests have exclusive access to an entire property, including all bedrooms, living areas, kitchen, and bathrooms, providing privacy and a home-away-from-home experience.
A thorough inspection of a short-term rental property conducted by the host or a designated representative before and after each guest stay, documenting the condition of the property and identifying any damages or maintenance needs.
An essential appliance in a short-term rental that provides hot water for showers, baths, and kitchen use, ensuring guest comfort and convenience.
A collection of thoughtful gifts and essential items provided to guests upon arrival at a short-term rental, typically including local treats, toiletries, and a welcome note.
A small token of appreciation offered to guests upon arrival at a short-term rental, such as a bottle of wine, local snacks, or a personalized note, enhancing the guest experience and creating a welcoming atmosphere.