A verification process used by some vacation rental platforms (like Airbnb) where hosts can choose to have their identity and listing information reviewed to enhance trust and credibility with potential guests.
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Glossary Terms
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A third-party service that manages security deposits for short-term rentals, holding funds securely and disbursing them according to the terms agreed upon by hosts and guests.
An individual who creates and shares content related to vacation rentals on their blog. This can include travel tips, property reviews, industry insights, and advice for hosts and guests.
Refers to the financial rewards and benefits associated with owning and renting out a successful vacation rental property. This can include rental income, property appreciation, and tax advantages.
A period of exceptionally high demand for vacation rentals, typically during peak seasons or special events. This often leads to increased bookings and higher rental rates.
A comprehensive plan that outlines all aspects of managing a vacation rental business. This includes setting financial goals, developing marketing strategies, establishing operational procedures, and providing excellent customer service.
The act of promoting a vacation rental property to a wide audience through various marketing channels. This can include online travel agencies, social media platforms, email marketing, and paid advertising.
Describes a host’s willingness to go above and beyond to accommodate guest requests and ensure a positive rental experience. This can include providing early check-in, offering local recommendations, or resolving issues promptly.
A concise document that outlines the key features, amenities, and house rules of a vacation rental property. It is often provided to potential guests before booking to help them make an informed decision.
Refers to strategies and actions taken to improve a vacation rental listing’s visibility and booking rate on platforms like Airbnb and Vrbo. This can include professional photography, competitive pricing, and positive guest reviews.
A website specifically designed for a vacation rental property. This allows owners to showcase their property, manage bookings, and communicate directly with guests.
This refers to a violation of the terms agreed upon in a vacation rental agreement. This can be by the guest, like causing property damage, or by the host, like not providing promised amenities.