A system where rental payments from guests are held by a third-party platform (like Airbnb or VRBO) until after check-in, ensuring both guest and host protection.
Escrow Payment
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The process of marketing vacation rental properties to potential guests. This can include listing on online travel agencies (OTAs), creating a website,…
An abbreviation for ‘Guest Communication System’. While not a standard term, it represents the importance of efficient communication tools for managing inquiries,…
A realistic occupancy rate that a short-term rental property can achieve in a specific market, considering factors like seasonality, competition, and property…
The complete set of forks, spoons, knives, and other dining utensils provided for guests in a short-term rental.