A reservation system where guests are placed in a waiting list or queue when a property is in high demand, with bookings confirmed in chronological order as availability opens up.
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An inquiry sent by a potential guest to a host, expressing interest in booking a short-term rental for specific dates and potentially…
The process of improving the visibility and ranking of a short-term rental listing in search results on platforms like Airbnb and VRBO…
A key performance indicator (KPI) in the hospitality industry, calculated by dividing the total revenue generated from bookings by the number of…
A pricing strategy to be wary of, where hosts add numerous small fees for basic amenities or services, potentially deterring guests.