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.
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Glossary Term: VRBO
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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.
The process of vetting potential guests before accepting a booking to minimize risks and ensure a safe and enjoyable experience for both hosts and guests.
Specialized software designed to help hosts manage their short-term rental properties more efficiently, often including features like booking management, calendar synchronization, and automated messaging.
Adhering to all local laws, regulations, and taxes related to short-term rentals, including permits, licenses, and occupancy limits.
Obtaining adequate insurance protection for a short-term rental property, including coverage for property damage, liability, and potential guest injuries.
The overall impression and satisfaction level of guests staying at a short-term rental property, encompassing factors like communication, cleanliness, amenities, and overall comfort.
Software or tools that help hosts optimize their pricing and availability to maximize revenue from their short-term rental properties.
Providing dedicated workspaces within short-term rentals equipped for virtual meetings and remote work, catering to the needs of business travelers.
Evaluating the financial viability of purchasing a property for short-term rental purposes, considering factors like property prices, rental demand, operating expenses, and potential return on investment (ROI).
Implementing clear and enforceable policies regarding noise levels in short-term rentals, ensuring a peaceful and respectful environment for both guests and neighbors.