Efforts made to maximize the appeal of a property’s view, such as strategic landscaping, window placement, or balcony additions, enhancing the overall guest experience.
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Glossary Terms
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Strategies and tools for tracking guest arrivals and departures, managing access to the property, and ensuring the security of both guests and the rental unit.
The integration of smart home technology like Amazon Alexa or Google Assistant into short-term rentals, allowing guests to control amenities and access information through voice commands.
A plan for using high-quality photos, videos, and virtual tours to showcase the best features of a short-term rental property and attract potential guests online.
The process of sourcing, coordinating, and overseeing external service providers essential for managing short-term rentals, such as cleaning crews, maintenance personnel, and property managers.
The steps and procedures implemented by platforms like Airbnb and VRBO to confirm the identity and legitimacy of hosts and guests, enhancing trust and security within the platform.
A dynamic pricing strategy where rental rates fluctuate based on factors like seasonality, demand, day of the week, and special events, optimizing occupancy rates and revenue.
An interactive, 360-degree digital representation of a short-term rental property, allowing potential guests to virtually explore the space online before booking.
Additional services offered to guests beyond the basic accommodation, enhancing their experience and potentially generating extra revenue. Examples include airport transfers, grocery delivery, or local experience bookings.
The specific benefits and value that a short-term rental property offers to potential guests, differentiating it from competitors and justifying its price point.
A feature within a property management software or platform that consolidates all guest communication from multiple channels, such as Airbnb, VRBO, and email, into a single dashboard for efficient management.
The practice of being transparent and disclosing all fees and charges associated with a short-term rental upfront, ensuring guests are fully aware of the total cost before booking.