A property that contains multiple individual rental units, such as an apartment building or a complex with multiple separate accommodations.
Menu
Glossary Terms
7237 posts
The shortest allowable booking duration for a rental property, set by the host to manage availability and optimize pricing.
The platform or tool used by hosts and guests to communicate with each other before, during, and after a booking, typically within the Airbnb or VRBO platform.
Research and evaluation of the short-term rental market in a specific location to determine factors like occupancy rates, average daily rates, and competitor pricing.
The compensation paid to a property manager or management company for their services in overseeing the rental property, typically a percentage of the rental income.
A formal request submitted by guests or property managers to address repairs, upkeep, or maintenance issues within the rental property.
High-end and premium features or services offered in a rental property to provide guests with an exceptional and indulgent experience.
A rental agreement for a property extending for a longer duration, typically 30 days or more, often with different legal and pricing considerations.
Activities, attractions, and recommendations for things to do and see in the vicinity of the rental property, enhancing the guest experience.
The written portion of a rental listing that provides detailed information about the property, amenities, location, and house rules to attract potential guests.
A type of insurance policy that protects property owners and managers from financial losses arising from accidents, injuries, or property damage that occur on the rental property.
An arrangement allowing guests to check out of a rental property later than the standard check-out time, often for an additional fee or upon request.