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Glossary Term: VRBO
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An online marketplace connecting short-term rental hosts with potential guests, such as Airbnb, VRBO, Booking.com, or Expedia.
The strategy of managing and synchronizing listings across multiple platforms like Airbnb, VRBO, Booking.com, and direct bookings to maximize exposure and bookings.
A segment of the travel industry focused on accommodating groups of travelers, such as families, friends, or corporate retreats. Short-term rentals often cater to this market.
A coastal city in South Africa, formerly known as Port Elizabeth, offering a unique destination for short-term rentals with attractions like beaches, wildlife reserves, and historical sites.
A genre of electronic dance music originating from Durban, South Africa, which can add a local flavor and attract guests interested in cultural experiences to short-term rentals.
A set period after a booking is canceled when the host may be able to receive a partial or full payout, depending on the platform’s cancellation policy.
A solar power system that is connected to the local electrical grid, allowing homeowners to draw power from the grid when needed and potentially sell excess energy back.
A set of clearly defined rules and expectations for guests staying at a short-term rental property. These rules typically cover things like noise levels, smoking, pets, and parties.
The broader economic ecosystem encompassing short-term rental platforms, property management services, and related businesses that facilitate home sharing.
Short-term rentals situated in the historic district of Ft. Dodge, Iowa, offering guests a glimpse into the city’s past and proximity to cultural attractions.
Short-term rental properties located along the Arkansas River in Ft. Smith, Arkansas, providing scenic views and opportunities for kayaking, fishing, and boating.