The terms and conditions that outline the rules and penalties for guests who need to cancel their booking at a short-term rental property.
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Glossary Term: VRBO
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A metric used to measure the percentage of time a short-term rental property is occupied by paying guests over a specific period.
A secure method of allowing guests access to a short-term rental property without using traditional keys, often through smart locks, keypads, or mobile apps.
The built-in communication platform on Airbnb and VRBO that allows hosts and guests to interact securely before, during, and after a booking.
The practice of analyzing data and market trends to adjust pricing and availability strategies in real-time to maximize revenue and occupancy for a short-term rental property.
The process of improving a short-term rental listing on platforms like Airbnb and VRBO to attract more bookings and maximize visibility.
A software solution that allows property managers to manage their listings across multiple short-term rental platforms like Airbnb, VRBO, and Booking.com from a single dashboard.
The practice of monitoring, responding to, and managing guest reviews on Airbnb and VRBO to maintain a positive online reputation.
A plan for setting competitive and profitable rental rates for a short-term rental property based on factors like seasonality, demand, and competition.
Utilizing a combination of online and offline marketing channels to reach a wider audience of potential guests and increase bookings for short-term rentals.
Curated activities or experiences offered to short-term rental guests that go beyond typical tourist attractions, allowing them to deeply engage with the local culture, nature, or community.
Providing guests with a seamless and convenient check-in experience, such as using keyless entry systems, providing clear instructions, and offering flexible arrival times.