Integrating smart home technology into short-term rentals, allowing guests to control lighting, temperature, appliances, or entertainment systems through voice commands or mobile apps.
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Glossary Term: VRBO
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Optimizing short-term rental listings on Zillow, a popular real estate marketplace, to attract more potential guests and increase visibility.
Effectively communicating with guests from different countries and cultures, often involving multilingual support, translated materials, and cultural sensitivity.
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).
Maintaining a high standard of cleanliness and hygiene in a short-term rental property, often outsourced to specialized cleaning services.
Measures taken to ensure the safety and security of a short-term rental property and its guests, including security systems, cameras, and guest screening protocols.
The level of interest and bookings for short-term rentals in a particular location, influenced by factors like seasonality, events, and travel trends.
Software, tools, and platforms designed to streamline and optimize various aspects of short-term rental management, from listing management to guest communication.
The revenue generated from short-term rental bookings, calculated by subtracting expenses like cleaning fees, platform fees, and taxes.
Managing the financial aspects of a short-term rental business, including tracking income and expenses, setting pricing, and handling taxes.
A digital or physical resource providing guests with essential information about the property, amenities, local area, and house rules.