The highest number of guests permitted to stay overnight in a short-term rental, often dictated by local regulations.
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Glossary Term: VRBO
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A cleaning service offered between bookings, particularly common for longer stays in short-term rentals.
Listing a short-term rental property on multiple platforms, such as Airbnb, VRBO, and Booking.com, to reach a wider audience.
The phase in a property’s lifecycle where rental income is stable, occupancy rates are consistent, and the focus shifts to maximizing profitability and efficiency.
The ability of different software systems used for short-term rental management, such as channel managers and accounting software, to communicate and share data.
The process of gathering and analyzing information about a specific short-term rental market, including competitor analysis, pricing trends, and guest preferences.
The process of booking a short-term rental directly through the property owner or manager, outside of online platforms like Airbnb or VRBO.
The highest amount of security deposit that a host can legally charge guests for potential damages to their short-term rental property.