Collaborations between short-term rental hosts and local businesses, such as restaurants, tour operators, and transportation providers, to enhance the guest experience and generate mutual benefits.
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Glossary Term: VRBO
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High-quality photographs that showcase the best features and amenities of a short-term rental property to attract potential guests and increase bookings.
The process of actively soliciting, monitoring, and responding to guest feedback to improve property listings, address any issues, and enhance the overall guest experience.
The art of preparing and presenting a short-term rental property in a visually appealing and inviting manner to attract potential guests and maximize bookings.
The process of optimizing short-term rental listings on platforms like Airbnb and VRBO to improve their visibility, attract more potential guests, and increase bookings.
A pricing strategy used to maximize revenue by adjusting rental rates based on factors such as demand, seasonality, and competition.
Adhering to all applicable laws, regulations, and licensing requirements related to short-term rental operations in the specific location.
A pricing strategy where rental rates are automatically adjusted based on real-time market data, such as demand, competitor pricing, and seasonality, to optimize revenue.
In the context of short-term rental platforms like Airbnb and VRBO, an editor could refer to a tool or feature that allows hosts to modify and update their listing information, such as descriptions, photos, and amenities.
The use of automated messaging tools and platforms to streamline and personalize guest communication, such as sending booking confirmations, pre-stay instructions, and post-stay follow-ups.
A compelling and informative description of a short-term rental property that highlights its best features, amenities, and benefits to attract potential guests and generate bookings.
The process of managing and synchronizing short-term rental listings across multiple online travel agencies (OTAs) and booking platforms to maximize visibility and bookings.