Short Term Rental Glossary For Airbnb & Vrbo

Fx Target Market

The specific group of travelers a host aims to attract with their rental property, such as families, business travelers, or budget-conscious backpackers.

Fx Revenue Streams

Various income sources for short-term rental hosts beyond nightly rates, like cleaning fees, extra guest fees, early check-in/late check-out charges, and potential partnerships (e.g., local

Fya Yield Management

The strategic implementation of pricing and booking strategies to maximize revenue from short-term rentals by analyzing factors like demand, seasonality, and competition.

Fyb Welcome Guide

A comprehensive document provided to guests upon booking, containing essential information about the property, amenities, house rules, local recommendations, and contact details for a smooth

Fyc Wear and Tear

The expected depreciation of a property and its furnishings due to normal use over time, which is a factor to consider in pricing and maintenance

Fyd Zoning Regulations

Local government rules and regulations that dictate how properties in specific areas can be used, including restrictions or permissions related to short-term rentals.

Fye Year-Round Occupancy

A desirable goal for short-term rental hosts, aiming to achieve consistent bookings and high occupancy rates throughout the entire year, regardless of seasonal fluctuations.

Fyf YouTube Marketing

Leveraging the popular video-sharing platform to promote short-term rentals by creating engaging content showcasing the property, amenities, local attractions, and guest experiences.

Fyg Yield Management Software

Specialized tools and platforms designed to assist short-term rental hosts in optimizing pricing, availability, and bookings to achieve maximum revenue and occupancy rates.

Fyh Zero-Party Data

Information that guests willingly and proactively provide to short-term rental hosts, such as preferences, interests, and travel styles, which can be used to personalize their

Fyi Airbnb Plus

A premium program offered by Airbnb for highly-rated listings that meet specific quality and design standards, providing enhanced visibility, trust, and potential for higher bookings.

Fyj Vrbo Premier Host

A recognition program by Vrbo that acknowledges and rewards property owners and managers who consistently provide exceptional guest experiences and meet high performance standards.

Fyk Family-Friendly Amenities

Features and facilities specifically designed to cater to families traveling with children, such as cribs, high chairs, toys, games, safety equipment, and child-proofing measures.

Fyl Five-Star Reviews

The highest rating that guests can award to a short-term rental property and host, reflecting exceptional service, cleanliness, amenities, communication, and overall experience.

Fym Furnished Rental Agreement

A legally binding contract between the property owner/manager and the guest outlining the terms and conditions of the short-term rental, including rental duration, payment terms,

Fyn Airbnb Experiences

Activities and tours offered by local hosts through the Airbnb platform, providing guests with unique and immersive experiences beyond typical tourist attractions.

Fyo Occupancy Tax

A tax levied by local governments on short-term rental accommodations, typically based on a percentage of the rental income, which hosts are responsible for collecting

Fyp Property Management Company

A specialized business that handles various aspects of short-term rental management on behalf of property owners, including marketing, bookings, guest communication, cleaning, and maintenance.

Fyq Airbnb Superhost

A status awarded by Airbnb to experienced and highly-rated hosts who consistently exceed guest expectations, demonstrating excellence in hospitality and performance.

Fyr Instant Book

A booking feature offered on platforms like Airbnb and Vrbo that allows guests to reserve a property immediately without requiring host approval, streamlining the booking

Fys Smart Home Technology

The integration of internet-connected devices and automation systems in short-term rentals, enhancing convenience, security, and energy efficiency for both hosts and guests.

Fyt Keyless Entry

A secure and convenient access solution for short-term rentals, allowing guests to enter the property using digital codes, smartphone apps, or other electronic methods, eliminating

Fza Zillow

A real estate marketplace platform that provides property listings, values, and other real estate information. While not exclusively for short-term rentals, Zillow is a resource

Fzc Zoning Compliance

Adhering to local government regulations that determine how property within a specific zone can be used. For short-term rentals, this often involves obtaining permits, adhering

Fzd Zip Code Analysis

Evaluating the performance of short-term rentals based on their location’s zip code. This can include analyzing factors like average daily rate, occupancy rate, and seasonality

Fze Zoom Backgrounds

Virtual backgrounds used during online meetings on the Zoom platform. For short-term rental hosts, this can involve showcasing their properties or local attractions during virtual

Fzf Zero Commission Platforms

Online platforms for booking travel accommodations that do not charge a commission fee to hosts or guests. This can be a cost-effective alternative to platforms

Fzg Zero-Click Booking

A streamlined booking process that allows guests to reserve a stay with as few clicks as possible, minimizing friction and potentially increasing conversion rates.

Fzh Zendesk

A customer service and support ticketing system that can be used by short-term rental hosts to manage guest inquiries, resolve issues, and track communication.

Fzi Zapier Integration

Connecting different software applications and automating tasks using Zapier, a web-based automation tool. This can be used to streamline operations like guest communication, booking management,

Fzj Zero-Party Data Collection

Gathering data directly from guests with their consent, typically through surveys, preference forms, or direct interactions. This data can be used to personalize guest experiences

Fzk Zero Waste Initiative

Implementing sustainable practices to minimize waste generated by a short-term rental property. This can include using eco-friendly cleaning products, providing reusable containers, and composting.

Fzl Zestimate

Zillow’s estimated market value for a property, calculated using an algorithm that considers various factors. While not a perfect valuation tool, it can provide insights

Fzm Zen Garden

A small, enclosed garden designed for meditation and relaxation, often featuring elements like sand, rocks, and plants. Offering a zen garden as an amenity can

Fzo Zoox

An autonomous vehicle company developing self-driving technology. While not directly related to short-term rentals, the rise of autonomous vehicles could impact guest transportation and accessibility

Fzp Zipcar

A car-sharing service that allows members to rent vehicles by the hour or day. Offering information about Zipcar or similar services can be beneficial for

Fzq Zero Liability Protection

Insurance coverage that protects hosts from financial responsibility in case of guest-related incidents or damages. This type of protection can provide peace of mind and

Fzr Zero-Touch Check-In

A contactless check-in process that allows guests to access their rental without physical interaction. This can involve using keyless entry systems, smart locks, or lockboxes.

Fzs Z-Wave

A wireless communication protocol commonly used in smart home devices. Integrating Z-Wave compatible devices can enhance automation and remote control capabilities in short-term rentals.

Fzt Zoom Town Hall

A virtual meeting hosted on the Zoom platform to facilitate communication and address questions from a large group of people. For short-term rental hosts, this

Guest Amenities

Items and services provided to enhance guest comfort and satisfaction, such as toiletries, Wi-Fi, or snacks.

Guest Communication

The exchange of information between hosts and guests throughout the booking and stay process.

Guest Experience

The overall impression and satisfaction a guest has with their stay, encompassing all aspects from booking to checkout.

Guest Feedback

Reviews, comments, and suggestions provided by guests after their stay, valuable for improving services and understanding guest preferences.

Guest Management

The comprehensive process of handling guest interactions, from pre-booking inquiries to post-stay follow-ups.

Guest Portal

An online platform or app providing guests access to booking details, property information, and communication tools.

Guest Screening

The process of verifying guest identities and assessing their suitability as renters to mitigate potential risks.

Guest Segmentation

Dividing guests into distinct groups based on shared characteristics, such as demographics or travel purpose, to tailor marketing and services.

Guest Service

Assistance and support provided to guests throughout their stay, addressing their needs and resolving any issues.

Guaranteed Booking

A booking option on some platforms where hosts commit to accepting all reservations within set parameters, often for increased visibility.

Geofencing

A location-based technology used to create virtual boundaries, enabling automated actions when a device enters or exits a designated area, such as triggering check-in instructions.

Gig Economy

A labor market characterized by short-term contracts or freelance work, often facilitated by online platforms, relevant to the flexible nature of short-term rental hosting.

Global Distribution System (GDS)

A network connecting travel agents and other travel industry professionals to access and book travel products, including accommodations, from various suppliers.

Google My Business

A free tool from Google allowing businesses to manage their online presence across Google Search and Maps, important for local visibility and attracting direct bookings.

Google Travel

A travel search engine and booking platform operated by Google, aggregating listings from various sources, including short-term rentals.

Green Cleaning

The use of eco-friendly cleaning products and practices that minimize environmental impact and promote sustainability.

Gross Booking Value (GBV)

The total value of bookings processed through a platform or service before deducting fees, commissions, or expenses.

Guest Verification

The process of confirming a guest’s identity through various methods, such as government-issued ID or social media profiles, to enhance security and trust.

Guest Welcome Book

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

Gamification

The use of game-like elements, such as points, badges, and leaderboards, to motivate guest engagement and loyalty within a short-term rental context.

Gatherings Policy

A set of rules outlined by hosts regarding parties, events, or large gatherings allowed at their short-term rental property, often included in the house rules.

Gap Night

A night between two bookings, often unavoidable, that remains vacant and can impact revenue.

Gatherings Fee

An additional charge imposed on guests when hosting events or gatherings exceeding the standard occupancy limit.

Gateway Payment

A secure payment processing system used by platforms like Airbnb and VRBO to handle transactions between guests and hosts.

Gazumping

A situation where a host accepts a higher offer from another guest after already accepting a booking, often leading to cancellations and guest dissatisfaction.

Garage Access

Refers to whether guests have access to a garage on the property, typically for parking or storage.

Garden View

A feature of a rental property where guests can enjoy a view of a garden or landscaped outdoor space.

Gas Grill

A gas-powered grill often provided as an amenity for guests to use during their stay.

Gathering Space

An area within a rental property designed for multiple guests to comfortably gather and socialize.

Gated Community

A residential community with controlled access points, often offering enhanced security and privacy.

GbV (Gigabytes per Volt)

A measure of data transfer efficiency, particularly relevant for mobile devices used by guests or hosts to manage their bookings or smart home features.

Gbp (Great British Pound)

The currency of the United Kingdom, often used for pricing and transactions on international short-term rental platforms like Airbnb and VRBO.

Gbw (Gigabytes per Watt)

A metric of energy efficiency in data centers, relevant for platforms like Airbnb and VRBO that rely on extensive data processing.

Gbx (Gigabit Transceiver)

A high-speed networking component used in data centers and network equipment, supporting the infrastructure of short-term rental platforms.

Gby (Gigabytes per Year)

A measure of data storage capacity or usage over a year, relevant for hosts managing bookings and property data or guests using streaming services.

Gbz (Gigabytes per Zone)

A data storage metric related to cloud computing zones, relevant for platforms like Airbnb and VRBO that utilize cloud services.

Gb/s (Gigabits per Second)

A unit for measuring data transfer speed, crucial for the smooth operation of online platforms and guest experiences relying on internet connectivity.

Gba (Game Boy Advance)

While seemingly unrelated, offering nostalgic gaming consoles like the GBA can be a unique amenity attracting specific demographics to a short-term rental.

Gbc (Game Boy Color)

Similar to the GBA, providing a GBC as an amenity can appeal to guests seeking a nostalgic or unique experience in a short-term rental.

Gbd (Ground-Based Detection)

Technology used in aviation and meteorology, indirectly relevant to short-term rentals located near airports or impacted by weather conditions.

Gbe (Guest Booking Engine)

A software solution that enables guests to search, book, and manage their short-term rental reservations directly through a host’s website.

Gbf (Guest Behavior Factors)

Elements influencing guest choices and actions during their stay, encompassing cultural norms, travel purpose, and personal preferences.

Gbg (Green Building Guidelines)

Standards and best practices for environmentally friendly construction and operation, relevant for sustainable short-term rental properties.

Gbj (Gigabytes per Joule)

A measure of energy efficiency in data storage, reflecting the sustainability of data centers used by platforms like Airbnb and VRBO.

Gbk (Guest Booking Kit)

A collection of resources provided to guests after booking, including check-in instructions, house rules, local recommendations, and contact information.

Geotargeting

A form of online advertising that displays ads based on the user’s geographic location. Hosts can use geotargeting to reach potential guests searching for accommodations

Geolocation Data

Information that identifies the geographic location of a device, such as a smartphone or computer. This data can be used to personalize guest experiences, provide

General Liability Insurance

A type of insurance that protects businesses from financial losses arising from bodily injury, property damage, or personal injury claims. It’s crucial for short-term rental

Generic Listing

A property listing that lacks unique selling points and fails to stand out from the competition. Generic listings often result in lower booking rates and

Generation Z Travelers

The demographic cohort born between the mid-1990s and the early 2010s, known for their tech-savviness, preference for authentic experiences, and reliance on online reviews. Understanding

Getaway Destination

A popular type of short-term rental property located in a desirable vacation spot, often attracting travelers seeking relaxation, recreation, and a change of scenery.

Geotagged Photos

Images that embed geographical metadata, indicating the exact location where the photo was taken. Geotagged photos can enhance property listings by providing potential guests with

Gestalt Principles

A set of principles from Gestalt psychology that describe how humans perceive and organize visual information. Applying Gestalt principles to short-term rental photography and design