An online platform or marketplace that connects short-term rental property owners or managers with potential guests, facilitating bookings and communication.
Glossary Terms
The percentage of time a short-term rental property is booked and occupied by guests over a specific period, indicating the property’s rental performance.
The economic landscape of the short-term rental industry, encompassing factors like supply and demand, pricing trends, and competitive dynamics.
Laws and regulations specifically pertaining to short-term rentals, addressing aspects like licensing, taxation, safety standards, and neighborhood impact.
The collective sector encompassing all businesses and activities related to short-term rental accommodations, including property management, technology platforms, and hospitality services.
The process of distributing short-term rental listings across multiple online travel agencies (OTAs) and booking platforms to reach a wider audience.
Digital tools and resources designed to assist with various aspects of short-term rental management, including channel management software, pricing tools, and guest communication platforms.
A comprehensive plan for managing and optimizing short-term rental properties, encompassing aspects like pricing, marketing, guest experience, and financial management.
Software designed specifically for managing short-term rentals, encompassing features such as listing management, booking automation, guest communication, and financial reporting.
A reimbursement issued to a guest through the Stripe platform, typically in case of cancellations, booking changes, or security deposit returns.
Online payments processed through the Stripe platform, often used for booking transactions in short-term rentals.
The process of connecting your short-term rental platform or property management system to your Stripe account to enable seamless payment processing.