Digital tools designed to assist short-term rental owners and managers in monitoring income and expenses for tax and financial analysis purposes.
Menu
Glossary Terms
7237 posts
A rental agreement clause specifying that the booked short-term rental property is for the exclusive use of the guest and their party during the reservation period.
Safety measures implemented outside a short-term rental property, such as security cameras, motion sensor lights, and secure fences.
A price reduction offered to guests who book a short-term rental for a longer duration, typically a week or more.
Additional charges applied per person beyond the standard occupancy limit set by the host for a short-term rental.
The shift in consumer spending towards experiences and memories rather than material possessions, heavily influencing the short-term rental market.
A vacation rental property suitable for hosting weddings or other special events, often with ample space and scenic views.
Policies or plans in place to address potential disruptions caused by weather events, such as hurricanes or snowstorms.
The system for handling garbage, recycling, and compost at a vacation rental property, often with specific guidelines for guests.
A video recording that provides a virtual tour of a vacation rental property, showcasing its layout, amenities, and features.
The act of leaving feedback and ratings about a vacation rental experience, influencing the property’s reputation and future bookings.
A reduced rate offered to guests who book a vacation rental for a full week, typically seven consecutive nights.