The recognition that building relationships with both guests and the local community is essential for long-term success in short-term rental management.
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Glossary Term: VRBO
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A yearly assessment of a short-term rental property’s performance, including financial analysis, guest feedback review, and identification of areas for improvement.
Insurance coverage specifically designed for short-term rental properties, protecting against liabilities, property damage, and loss of income.
The process of reporting income and expenses related to a short-term rental property on annual tax returns, complying with relevant tax regulations.
A strategic outline of marketing activities aimed at attracting guests to a short-term rental property throughout the year, including online advertising, social media promotion, and content marketing.
A proactive plan outlining regular maintenance tasks for a short-term rental property, ensuring its upkeep and minimizing potential issues.
A long-term guest who books a short-term rental for an extended period, providing consistent income and occupancy during slower seasons.
Proactively anticipating and fulfilling guest needs before they arise, going beyond expectations to create a memorable experience.
A comprehensive record of all expenses incurred in a year related to a short-term rental property, including mortgage payments, utilities, maintenance, and supplies.
A platform designed for short-term rental businesses to automate and personalize guest communication, including booking confirmations, check-in instructions, and promotional messages.
A feature within the Airship platform that analyzes market data, seasonality, and competition to recommend optimal pricing strategies for maximizing revenue from short-term rental properties.
Connecting the Airtable platform with other short-term rental management tools to streamline operations, such as syncing booking data, managing guest communication, and tracking expenses.