A booking that has a higher than usual likelihood of cancellation, modification, or no-show, often due to factors like last-minute booking or a guest’s booking history.
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Digital systems used to manage guest check-ins, communications, and other operational tasks typically handled by a front desk in traditional hotels.
Stands for “Short-Term Vacation Software Integration,” denoting the seamless connection between different software systems used in short-term rental management, such as property…
Decorative elements within a short-term rental that also serve a practical purpose, like a storage ottoman or a mirror with hooks.
A situation where one party’s gain is directly offset by another’s loss, sometimes relevant in competitive short-term rental markets.