Virtual backgrounds used during online meetings or property tours to showcase the short-term rental’s amenities or create a professional setting.
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Glossary Term: VRBO
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Creating a calming and relaxing atmosphere within a short-term rental using elements like neutral colors, natural light, and comfortable furnishings.
Refers to a type of listing on Airbnb or VRBO where the rental unit is a suite within a larger property, typically with a private entrance and some shared amenities.
A term used to describe a deck or patio area that is specifically highlighted as a feature of a short-term rental property on platforms like Airbnb and VRBO.
This term highlights a particularly noteworthy view from a short-term rental property, such as an ocean view, mountain view, or cityscape, often used as a selling point in listings.
The process by which platforms like Airbnb and VRBO enforce consequences for violations of their terms of service, such as unauthorized parties or property damage.
A situation where a guest makes a booking on a short-term rental platform like Airbnb or VRBO, but the reservation is later canceled or never actually existed. This can be due to various reasons, including fraudulent activity or technical errors.
A short-term rental property where the owner resides on-site during a guest’s stay, typically in a separate unit or area.
A monthly or quarterly report provided by Airbnb or VRBO to property owners, detailing reservation details, payouts, and fees.
The exchange of information and interaction between a short-term rental owner/manager and their guests, encompassing pre-booking inquiries, booking confirmations, check-in instructions, and post-stay feedback.
The fluctuation of short-term rental pricing during the COVID-19 pandemic and its aftermath, often characterized by initial dips followed by significant increases.
A pricing strategy where short-term rental rates are dynamically adjusted based on the specific listing platform or channel, such as Airbnb, VRBO, or Booking.com, to optimize occupancy and revenue.