Emerging patterns and shifts in traveler preferences, behaviors, and destinations, influencing the short-term rental market.
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Glossary Term: VRBO
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Hungarian term for “Available Guest,” referring to potential renters actively searching and booking short-term rentals on platforms like Airbnb and VRBO.
A fully furnished and equipped short-term rental property ready for immediate occupancy and rental income generation.
Hungarian term for “Personalized Experience,” emphasizing the importance of tailoring the short-term rental experience to meet the unique needs and preferences of each guest.
Strategies and activities aimed at attracting travelers to a destination, including promoting short-term rental properties.
Hungarian term for “Property Management,” encompassing the comprehensive oversight of short-term rental properties, including cleaning, maintenance, and guest communication.
Feedback and ratings provided by guests about their experiences at a short-term rental property, influencing future bookings.
Hungarian term for “Property Review,” emphasizing the importance of guest feedback in shaping the reputation and success of short-term rentals on platforms like Airbnb and VRBO.
The average percentage of time a short-term rental property is occupied by paying guests over a specific period.
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.