A metric that tracks the total number of nights a short-term rental property is booked over a specific period, expressed as a percentage of the total available nights.
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Glossary Terms
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A personalized digital or physical guide provided by hosts to their guests, offering recommendations for local attractions, restaurants, activities, and essential information about the property and neighborhood.
A feature in short-term rental platforms that allows hosts to set different prices for specific dates or seasons, optimizing their pricing strategy for higher occupancy and revenue.
A visual representation of the steps a guest takes from the moment they become aware of your short-term rental to the end of their stay and beyond, used to identify areas for improvement in the guest experience.
A contactless check-in process where guests can access keys or a lockbox without face-to-face interaction with the host or property manager.
A personalized and unique travel experience tailored to the interests and preferences of the guest, often offered by short-term rental hosts to enhance guest satisfaction and differentiate their listings.
A hypothetical index (not a standardized measure) that could assess the sustainability and impact of tourism activities on local cultures and communities.
A legal document outlining the terms and conditions of a security deposit provided by a tenant to a landlord in a commercial lease agreement, potentially relevant for short-term rental properties.
A professional designation for individuals with expertise in developing, managing, and marketing tourism products and experiences, potentially applicable to short-term rental management.
Measures taken to ensure the safety and well-being of employees traveling for business purposes, relevant when short-term rentals are used for corporate housing.
A hypothetical act (not a real law) that could address concerns related to child safety and trafficking risks in the short-term rental industry, potentially imposing stricter verification and reporting requirements.
The process of creating, editing, publishing, and organizing digital content related to a short-term rental, including listing descriptions, photos, and guest communication.