A pricing strategy that adjusts rental rates in real-time based on factors like demand, seasonality, and competitor pricing.
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Glossary Term: VRBO
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Feedback provided by guests after their stay, reflecting their experience and influencing the perception of a short-term rental property.
Adhering to local regulations, permits, and tax requirements related to short-term rentals in a specific jurisdiction.
High-quality images that showcase a short-term rental property’s features, amenities, and ambiance, attracting potential guests.
The proactive approach of optimizing all aspects of a guest’s stay, from pre-booking to post-departure, to create a positive and memorable experience.
The process of enhancing a short-term rental listing’s visibility and appeal on platforms like Airbnb and VRBO through compelling descriptions, high-quality photos, and relevant keywords.
Bookings made directly through a host’s website or other channels, bypassing third-party platforms and their associated fees.
Activities, tours, or recommendations provided by hosts to enhance guests’ stay by connecting them with local attractions, restaurants, and culture.
Methods and technologies used to manage and secure access to a short-term rental property, such as smart locks, keypads, or lockboxes.
Essential tasks related to maintaining the cleanliness, hygiene, and functionality of a short-term rental property between guest stays.
Automating guest communication through platforms like Airbnb and VRBO, sending pre-written messages at specific times, such as check-in instructions or local recommendations.
Managing listings across multiple platforms like Airbnb, VRBO, and Booking.com to reach a wider audience and optimize bookings.