Specific periods of the year when a destination experiences a surge in tourist activity and higher demand for short-term rentals.
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Glossary Term: VRBO
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Hungarian term for “Property Communication,” referring to the effective exchange of information between hosts and guests regarding booking details, check-in instructions, and other essential aspects of the short-term rental experience.
Hungarian term for “Property Revenue,” referring to the income generated from short-term rental bookings on platforms like Airbnb and VRBO.
Connecting and managing listings across multiple platforms, like Airbnb and VRBO, to maximize visibility and bookings.
Hungarian term for “Property Expense,” encompassing the various costs associated with owning and operating a short-term rental property, including cleaning fees, maintenance expenses, and platform fees.
Hungarian term for “Regulatory Zone,” referring to specific geographical areas with unique rules and regulations for short-term rentals, often found in cities like Budapest.
Hungarian term for “Property Taxation,” referring to the specific tax obligations and regulations applicable to short-term rental income in different jurisdictions.
Hungarian term for “Seasonal Pricing,” referring to the practice of adjusting short-term rental rates based on fluctuating demand during different times of the year.
Hungarian term for “Property Law,” encompassing the legal framework governing short-term rentals, including zoning regulations, licensing requirements, and tenant rights.
Hungarian term for “Amenities,” referring to the facilities and services provided at a short-term rental property to enhance guest comfort and satisfaction.
Hungarian term for “Property Trends,” referring to emerging patterns and shifts in the short-term rental market, influencing factors such as guest preferences, pricing strategies, and property management approaches.
An online platform or marketplace that connects short-term rental property owners or managers with potential guests, facilitating bookings and communication.