Short Term Rental Glossary For Airbnb & Vrbo

Equipment Rental Agreement

A legal document outlining the terms and conditions for renting out equipment like bikes, kayaks, or beach gear to short-term rental guests.

Equitable Access Initiative

Hypothetical term: A program promoting accessibility and inclusivity in short-term rentals by encouraging hosts to provide accommodations for guests with disabilities.

Equipment Inventory Management

The process of tracking, maintaining, and replacing equipment and supplies used in a short-term rental property, ensuring smooth operations and guest satisfaction.

Equitable Host Community

A network of short-term rental hosts who share knowledge, resources, and best practices, fostering a supportive and collaborative environment.

Equitable Revenue Split

An arrangement where the revenue generated from a short-term rental is divided fairly between the property owner and the property manager or co-host.

Equine-Assisted Therapy Retreat

A specialized short-term rental package that combines accommodation with equine-assisted therapy sessions, targeting guests seeking emotional healing and personal growth.

Equipment Safety Checklist

A comprehensive list of safety checks and maintenance procedures for all equipment provided in a short-term rental, ensuring guest safety and minimizing liability risks.

Equitable Cleaning Practices

Cleaning protocols that prioritize the health and safety of both guests and cleaning staff, using eco-friendly products and fair labor practices.

Equitable Guest Communication

A communication style that is clear, respectful, and inclusive, addressing the needs and concerns of all guests regardless of background or ability.

Equipment Rental Insurance

A type of insurance that covers damages or losses to equipment rented out to guests as part of a short-term rental agreement.

Equitable Access Technology

Assistive technologies implemented in short-term rentals to improve accessibility for guests with disabilities, such as voice-controlled devices or smart home features.

Equine-Facilitated Learning Retreat

A unique short-term rental experience combining accommodation with equine-facilitated learning activities, promoting leadership skills, communication, and teamwork.

Equipment Maintenance Log

A detailed record of all maintenance and repairs performed on equipment provided in a short-term rental, ensuring accountability and proactive maintenance planning.

Equitable Tourism Practices

Operating a short-term rental business in a way that benefits the local community, respects cultural heritage, and minimizes negative environmental impacts.

Erental Agreement

A legally binding contract between a short-term rental host and a guest that outlines the terms and conditions of the rental agreement, often used for

Erental Insurance

Specialized insurance policies designed to protect short-term rental hosts and their properties from risks associated with renting on platforms like Airbnb and VRBO, covering damages,

Erental Platform

Online marketplaces like Airbnb and VRBO that connect short-term rental hosts with potential guests, facilitating bookings, payments, and communication.

Erental Regulations

Laws and ordinances implemented by local governments to regulate short-term rentals, addressing issues such as licensing, taxes, and permitted rental durations.

Erental Yield Management

Strategies and techniques used by short-term rental hosts to maximize rental income by optimizing pricing, occupancy rates, and booking channels, often utilizing dynamic pricing algorithms

Error and Omission Insurance

A type of professional liability insurance that protects short-term rental property managers from financial losses due to mistakes, negligence, or failure to provide promised services.

Erental Market Analysis

Research and evaluation of factors influencing the short-term rental market in a specific location, including supply and demand, seasonal trends, competitor analysis, and pricing dynamics.

Erental Property Photography

Professional photography services specializing in capturing high-quality images of short-term rental properties for online listings, showcasing amenities, ambiance, and key features to attract potential guests.

Erental Cleaning Services

Specialized cleaning companies catering to the short-term rental industry, providing thorough cleaning, laundry services, and turnover services between guest stays.

Erental Guest Communication

The process of effectively communicating with short-term rental guests before, during, and after their stay, addressing inquiries, providing instructions, and resolving issues promptly.

Erental Revenue Management

Strategies and practices used to optimize revenue generation from short-term rental properties, including dynamic pricing, revenue forecasting, and channel management.

Erental Property Listing Optimization

The process of improving the visibility and attractiveness of short-term rental listings on platforms like Airbnb and VRBO through compelling descriptions, high-quality photos, and strategic

Erental Property Management Software

Software solutions designed to streamline and automate various aspects of short-term rental management, including bookings, guest communication, cleaning schedules, and financial reporting.

Erental Guest Experience

The overall experience of a guest staying at a short-term rental property, encompassing all aspects of their stay from booking to checkout, with a focus

Erental Legal Compliance

Adhering to all applicable laws, regulations, and platform policies related to short-term rental operations, including licensing, taxes, safety regulations, and data privacy.

Erental Marketing Channels

Platforms and strategies used to promote and market short-term rental properties to potential guests, including online travel agencies, social media, email marketing, and content marketing.

Erental Property Valuation

The process of determining the market value of a property for short-term rental purposes, considering factors such as location, amenities, rental demand, and comparable properties.

Erental Guest Screening

The process of verifying the identity and assessing the suitability of potential guests before confirming a booking, often involving background checks, reviews from previous hosts,

Erental Home Automation

The use of smart home technology in short-term rental properties to enhance guest experience, improve security, and automate tasks such as temperature control, lighting, and

Erental Sustainability Practices

Implementing eco-friendly measures in short-term rental operations, such as energy-efficient appliances, water conservation efforts, waste reduction, and the use of sustainable products.

Escapable Costs

Costs associated with a short-term rental that can be avoided or reduced when the property is not rented, such as cleaning fees, guest supplies, and

Escrow Payment

A system where rental payments from guests are held by a third-party platform (like Airbnb or VRBO) until after check-in, ensuring both guest and host

Estate Planning

The process of arranging for the management and disposal of one’s assets (including short-term rental properties) in the event of incapacity or death.

Escheatment

The legal process where unclaimed security deposits or rental income are transferred to the state after a specified period of time, requiring hosts to maintain

Essential Amenities

Basic necessities and conveniences provided in a short-term rental to ensure a comfortable stay, such as toiletries, linens, towels, and kitchen essentials.

Essential Business License

A legal requirement for short-term rental operators in many jurisdictions, ensuring compliance with local business regulations.

Escalation Policy

A documented procedure outlining how guest complaints, issues, or emergencies are handled and escalated within a short-term rental business.

Escrow Service

A third-party service that securely holds rental payments until after the guest checks in, providing financial protection for both hosts and guests.

Essential Supplies

Basic necessities provided to guests in a short-term rental, such as toiletries, linens, and kitchen essentials, ensuring a comfortable stay.

Estate Sale

A sale of personal property, often including furniture and decor, that can be an opportunity for short-term rental hosts to furnish their properties.

Escheatment Laws

Regulations governing unclaimed property, including security deposits, that short-term rental hosts need to be aware of to ensure compliance.

Essential Home Safety Features

Crucial safety measures for short-term rentals, including smoke detectors, carbon monoxide detectors, fire extinguishers, and first aid kits.

Estimated Occupancy Rate

A projection of the percentage of time a short-term rental property is expected to be booked over a specific period.

Esthetic Appeal

The visual attractiveness and overall ambiance of a short-term rental property, influencing its appeal to potential guests.

Estimated Cleaning Time

The approximate duration required to clean and prepare a short-term rental property for the next guest arrival.

Essential Welcome Book

A comprehensive guide provided to guests upon arrival, containing essential information about the property, house rules, and local recommendations.

Essential Utility Setup

The process of connecting and activating essential utilities like electricity, gas, water, internet, and waste management for a short-term rental property.

Ethernet Connection

A wired network connection often providing faster and more stable internet access than Wi-Fi. Offering an Ethernet connection can be a desirable amenity for guests

Ethical Pricing

Setting fair and transparent pricing for short-term rentals, considering factors like seasonality, demand, competitor rates, and value provided to guests. Ethical pricing fosters trust with

Ethnic Cleaning Supplies

Cleaning products specifically designed for use on unique materials or finishes often found in ethnically themed or historic properties. Using appropriate ethnic cleaning supplies helps

Etiquette Guide

A document outlining expected behavior and house rules for guests staying in a short-term rental. An etiquette guide helps manage guest expectations and promotes respectful

Etsy

An online marketplace where creators and sellers offer handmade, vintage, and unique goods. Short-term rental hosts can find decor, furniture, and personalized items on Etsy

Etagere

A type of open shelving unit, often with multiple tiers, used to stylishly display and store items in a short-term rental. Etageres can add visual

Etched Glass

A decorative glass type with frosted or etched designs, often used for privacy in short-term rental windows, shower doors, or room dividers. Etched glass allows

Ethernet Cable

A wired network cable used to connect devices to the internet or local network. Providing Ethernet cables in a short-term rental offers guests a reliable

Ethical Investment

Investing in short-term rental properties with a focus on ethical considerations, such as environmental sustainability, fair labor practices, and community impact.

Ethnic Decor

Incorporating decorative elements and furnishings inspired by different cultures and ethnicities to create a unique and globally-inspired ambiance in a short-term rental.

Etiquette Guidelines

A set of recommended behaviors and courtesies for guests staying in a short-term rental, covering aspects like noise levels, trash disposal, and respect for the

Etched Glassware

Drinking glasses, like wine glasses or tumblers, that feature decorative etched designs. These can add a touch of elegance and personalization to a rental property.

Ethernet Port

A physical port found on routers, modems, and computers that allows for a wired internet connection using an Ethernet cable. Providing access to Ethernet ports

Ethical Sourcing

The practice of sourcing furniture, decor, and other supplies for a rental property from businesses that prioritize fair labor practices, sustainability, and environmental responsibility.

Etsy Shop

An online marketplace where individuals and small businesses can sell handmade, vintage, and craft supplies. Hosts can use Etsy to find unique and personalized decor

Euro Conversion Rate

The rate at which the Euro (EUR) exchanges for another currency, important for hosts and guests dealing with international transactions on platforms like Airbnb and

European Union (EU) Privacy Regulations

Data protection laws, like the General Data Protection Regulation (GDPR), applicable to short-term rental hosts in the EU, impacting how guest data is collected, stored,

Eustress Management

Strategies for managing positive stress associated with hosting, such as handling high booking volume or exceeding guest expectations, to prevent burnout.

European Travel Commission (ETC)

An organization promoting Europe as a tourist destination, providing insights and data relevant to short-term rental hosts targeting European travelers.

Eurail Pass

A train ticket allowing travel within Europe, often considered by guests looking for alternative transportation options, which hosts can mention in their listings.

Euromonitor International

A market research provider offering insights into travel and tourism trends, including data on short-term rentals, useful for hosts understanding market dynamics.

Euphemism Treadmill

The phenomenon where terms used to replace negative or offensive language themselves become negative over time, relevant for hosts striving for inclusive and evolving language

European Style Washer/Dryer Combo

A compact appliance combining washing and drying functions, common in European homes, which hosts should accurately describe in their listings to manage guest expectations.

Eurostar

A high-speed train service connecting the UK with mainland Europe, relevant for hosts in those regions as it influences guest travel plans and potential booking

Eudaimonia

A Greek concept of flourishing and well-being, relevant for hosts finding fulfillment and purpose in creating positive experiences for their guests.

Euphony

The quality of being pleasing to the ear, relevant for hosts when crafting listing descriptions and communication with guests to ensure a harmonious and positive

Eurozone

The group of European countries using the Euro as their currency, relevant for hosts and guests navigating currency exchange and potential fluctuations in pricing.

European Union (EU) Energy Label

A standardized label indicating the energy efficiency of appliances, relevant for hosts demonstrating their commitment to sustainability and potentially attracting eco-conscious guests.

European Summer Time (CEST)

The daylight saving time observed in most of Europe, relevant for hosts communicating check-in/check-out times accurately to guests arriving from different time zones.

European Travel Insurance

Travel insurance specifically covering trips within Europe, often required for Schengen visa applications, which hosts can recommend to international guests.

Eurocentrism

The practice of viewing the world from a European perspective, which hosts should be mindful of to ensure their listings and communication are inclusive and

Eurasian Market

Refers to the combined market of Europe and Asia, relevant for hosts analyzing travel trends and potentially targeting guests from these regions.

Euro-Style Kitchen

A kitchen design style characterized by sleek, minimalist aesthetics, often featuring flat-panel cabinets, integrated appliances, and handleless drawers. Popular in contemporary short-term rentals for its

European Pillow

A type of pillow commonly used in Europe, typically square-shaped and larger than standard pillows. Offering a luxurious and comfortable sleeping experience, European pillows are

Eviction Process

The legal procedure a host must follow to remove a guest who refuses to vacate a short-term rental property after their booking has ended or

Event Hosting Policy

Guidelines outlining permitted events, guest limits, noise restrictions, and liability waivers for hosting events like parties or weddings in a short-term rental.

Evidence Log

A documented record of guest communications, property condition reports, and incident details used for resolving disputes, insurance claims, or legal issues.

Evolving Travel Trends

The dynamic shifts in traveler preferences, such as the rise of remote work, sustainable travel, and experiential tourism, impacting the short-term rental market.

Evaluative Feedback

Detailed reviews and ratings provided by guests on platforms like Airbnb and VRBO, assessing the quality of the rental, host communication, and overall experience.

Evergreen Content

Timeless and consistently relevant information provided in rental property descriptions, guest guides, or blog posts that remains valuable over time.

Everyday Pricing

The standard nightly rate charged for a short-term rental on non-peak days or seasons, excluding special events or holidays.

Eviction Notice

A formal written document informing a guest of their required departure from the rental property due to lease violations or unauthorized occupancy.

Event Liability Insurance

Specialized insurance coverage protecting hosts from liability claims arising from accidents, injuries, or property damage during events held at their rental property.

Evoking Emotion

Using compelling language, visuals, and storytelling in property descriptions and marketing materials to create an emotional connection with potential guests.

Event Permitting

The process of obtaining necessary approvals and licenses from local authorities to host events or gatherings exceeding a certain size or noise level at the