Promotional activities aimed at attracting potential guests and generating bookings for a vacation rental property.
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Glossary Terms
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The process of finding and acquiring suitable properties to add to a vacation rental management portfolio.
Facilities, services, and features offered within or alongside a vacation rental to enhance the guest experience.
Data and insights gathered from various sources to understand booking patterns, guest behavior, and market trends.
The use of technology to automate tasks like booking management, communication, and guest access, improving efficiency.
A strategy where someone rents a property long-term and then sublets it as a short-term rental for a higher price.
The percentage of time a vacation rental is booked over a specific period, indicating its popularity and profitability.
The practice of analyzing data and market trends to optimize pricing and occupancy rates for maximum revenue.
A group or platform connecting vacation rental owners and managers, often providing resources, support, or marketing opportunities.
A clear statement of the benefits a short-term rental offers guests, differentiating it from competitors and justifying its price.
A professional or company that manages vacation rental properties on behalf of the owner, handling tasks such as marketing, booking, guest communication, cleaning, and maintenance.
An online marketplace that connects vacation rental property owners or managers with potential guests seeking short-term accommodations.