Software solutions designed to streamline various aspects of short-term rental management, including bookings, communication, and finances.
Glossary Terms
Services or individuals who curate unique and personalized experiences for guests, such as tours, activities, and dining recommendations.
Procedures implemented to verify the identity of guests before confirming their booking, enhancing security and reducing risks.
Sensors that detect the presence of people in a room or property, used for energy efficiency, security, and occupancy tracking.
Devices or software that monitor noise levels in the rental property to prevent parties and ensure compliance with noise ordinances.
Connecting and automating various home devices (e.g., thermostats, locks, lighting) to enhance guest convenience and security.
A digital or physical guide providing guests with all the necessary information about the property, amenities, house rules, and local recommendations.
A comprehensive list of essential items for guests staying in a short-term rental, often personalized to the property and location.
Evaluating how frequently guests utilize provided amenities (e.g., pool, hot tub, bicycles) on a weekly basis to identify popular features and determine if any amenities require maintenance, replacement, or could be added to enhance guest satisfaction.
Regularly surveying the pricing strategies of comparable short-term rental properties in the same market area on a weekly basis to stay informed about competitor rates and adjust own pricing for competitive advantage.
Diligently recording and categorizing all expenses related to short-term rental operations on a weekly basis, including cleaning fees, maintenance costs, and platform fees, to monitor profitability and identify areas for cost optimization.
Using historical booking data, current market trends, and seasonal factors to project potential rental income on a weekly basis, aiding in financial planning and investment decisions.