Patterns and insights into traveler behavior and preferences during the month of April, influencing pricing, marketing, and property preparation strategies for short-term rental hosts.
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Glossary Terms
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A marketing campaign or special offer run by short-term rental hosts around April Fool’s Day to generate bookings and increase brand awareness.
The process of optimizing a mobile app’s listing in app stores, such as the Apple App Store or Google Play Store, to improve its visibility and attract more downloads.
A contract that provides coverage for repairs or replacements of appliances in a short-term rental property, protecting hosts from unexpected expenses.
Local, state, and federal taxes that apply to short-term rental income and operations, such as lodging taxes, sales taxes, and income taxes.
A legally binding contract between a landlord and a tenant outlining the terms and conditions of renting an apartment, which may include restrictions on short-term rentals.
The estimated market value of a short-term rental property as determined by a qualified appraiser, often used for financing, insurance, or investment purposes.
The percentage of a short-term rental property that is booked during the month of April, often considered a shoulder season month in many destinations.
Regular upkeep and repair of appliances in a short-term rental property, such as refrigerators, ovens, dishwashers, and laundry machines, to ensure functionality and guest satisfaction.
Software used by property managers to streamline the process of finding and screening potential guests for short-term rentals.
The projected percentage of time a short-term rental property is expected to be occupied over a year, taking into account seasonal fluctuations and historical data.
A type of insurance policy that provides coverage for unexpected events, such as trip cancellations or medical emergencies, that may occur during a short-term rental stay.