A documented plan outlining procedures and resources to ensure guest safety and property protection in the event of emergencies, such as natural disasters or medical situations.
Glossary Term: VRBO
The art of curating memorable and positive experiences for short-term rental guests, encompassing personalized touches, local recommendations, and exceptional service.
Integrated technology systems that allow remote control and automation of various aspects of a short-term rental property, such as lighting, temperature, and security.
Software solutions designed to streamline and automate various aspects of short-term rental management, including bookings, guest communication, and financial reporting.
Adherence to all applicable laws, regulations, and tax requirements related to operating short-term rentals, including licensing, permits, and income reporting.
Hungarian term for “Property Listing,” referring to the online profile of a short-term rental property on platforms like Airbnb and VRBO, showcasing its features and attracting potential guests.
Allowable expenses that can be deducted from rental income to reduce tax liability for short-term rental owners.
Hungarian term for “Property Photography,” highlighting the significance of high-quality visuals in showcasing short-term rental properties and attracting potential guests.
A professional who can assist travelers with booking short-term rentals, providing recommendations and handling arrangements.
Hungarian term for “Property Insurance,” emphasizing the importance of specialized insurance coverage for short-term rental properties to mitigate potential risks.
The process of verifying the identity and background of potential guests to minimize risks for short-term rental hosts.
Hungarian term for “Property Cleaning,” highlighting the essential role of maintaining high cleanliness standards in short-term rental properties for guest satisfaction.