Short Term Rental Glossary For Airbnb & Vrbo

McHost

A somewhat derogatory term used to describe a short-term rental host who is perceived as impersonal, profit-driven, or lacking in genuine hospitality, often managing multiple

McListing

A colloquial term for a short-term rental listing that is perceived as generic, lacking in detailed descriptions, or relying heavily on stock photos, often associated

McReview

A satirical term used to describe a generic, uninformative, or overly positive review of a short-term rental property, often lacking in specific details or genuine

McAmenity

A satirical term for a basic, ubiquitous amenity provided in a short-term rental, such as instant coffee or generic toiletries, often perceived as lacking in

McGuidebook

A colloquial term for a generic, uninspired, or impersonal guidebook provided in a short-term rental, often lacking in local recommendations or tailored suggestions.

McCleanliness

A satirical or critical term used to describe a superficial or inadequate level of cleanliness in a short-term rental, often associated with rushed turnovers or

McCommunication

A critical term for impersonal, automated, or delayed communication from a short-term rental host, often relying heavily on templates or lacking in personalized responses.

McPricing

A term used to describe a standardized, inflexible, or potentially inflated pricing strategy for a short-term rental, often associated with large-scale property management companies or

McCancellation

A satirical term for a strict, inflexible, or unforgiving cancellation policy for a short-term rental, often perceived as favoring the host over the guest.

McExperience

An overarching term used to describe a short-term rental experience that is perceived as generic, impersonal, or lacking in authenticity, often associated with standardized properties

McManagement

A term used to describe a hands-off, impersonal, or profit-driven approach to short-term rental management, often associated with large-scale property management companies.

McMarketing

A term for a generic, uninspired, or misleading marketing approach for a short-term rental, often relying on stock photos, exaggerated descriptions, or misleading promises.

McAutomation

The excessive reliance on automated systems and processes in short-term rental management, often at the expense of personalized service or genuine hospitality.

McCommoditization

The trend of short-term rentals becoming increasingly standardized, interchangeable, and lacking in unique character, often associated with the rise of large-scale property management companies.

McGuest

A somewhat critical term used to describe a short-term rental guest who is perceived as entitled, demanding, or disrespectful of the property or host.

McNeighborhood

A term used to describe a neighborhood that has experienced a significant influx of short-term rentals, often leading to concerns about housing affordability, noise, and

MdNightly Rate

The price charged per night for a short-term rental, often fluctuating based on demand, seasonality, and competition.

MdOccupancy Rate

The percentage of time a short-term rental property is booked over a specific period, indicating its popularity and profitability.

MdDynamic Pricing

A pricing strategy where short-term rental rates adjust automatically based on real-time factors like demand, seasonality, and competitor pricing.

MdInstant Book

A feature on platforms like Airbnb and VRBO that allows guests to book a short-term rental instantly without needing host approval.

MdMinimum Stay

The shortest duration a guest can book a short-term rental for, often implemented by hosts to manage cleaning schedules or target specific travel segments.

MdSecurity Deposit

A refundable amount held by the platform or host to cover potential damages or extra cleaning costs incurred during a guest’s stay.

MdHouse Rules

Specific guidelines and restrictions set by hosts for their short-term rentals, covering aspects like smoking, pets, parties, and noise levels.

MdCheck-in Instructions

Detailed instructions provided by hosts to guests on how to access the short-term rental, including key codes, lockbox locations, or arrival procedures.

MdGuest Communication

The interaction and information exchange between hosts and guests before, during, and after a short-term rental booking.

MdGuest Reviews

Feedback and ratings provided by guests after their stay in a short-term rental, influencing future bookings and the property’s reputation.

MdHost Reviews

Feedback and ratings provided by hosts about their experience with guests after their stay, promoting responsible guest behavior and accountability.

MdProperty Management Software

Specialized software used by hosts and property managers to streamline short-term rental operations, including bookings, communication, and finances.

MdChannel Manager

A tool that allows hosts to manage their short-term rental listings across multiple platforms like Airbnb, VRBO, and Booking.com from a central dashboard.

MdYield Management

The practice of analyzing data and adjusting pricing strategies to maximize revenue and occupancy rates for short-term rentals.

MdGuest Experience

The overall impression and satisfaction level a guest has from their interactions with the host, the property, and the surrounding area during their stay.

MdShort-Term Rental Regulations

Local laws and ordinances governing short-term rentals, often covering aspects like permits, taxes, occupancy limits, and safety requirements.

MdHome Sharing

A specific type of short-term rental where the host rents out a portion of their primary residence to guests, often sharing common spaces.

MdVacation Rental

A broader term encompassing furnished properties rented out for short-term stays, often geared towards leisure travelers and families.

MdProperty Damage Protection

Insurance coverage that protects hosts from financial losses due to accidental damages caused by guests during their stay.

MdAirbnb Superhost

A designation awarded to top-rated Airbnb hosts who consistently meet specific performance criteria, including high response rates and positive guest reviews.

MePlatform Fee

A percentage-based fee charged by platforms like Airbnb and VRBO to hosts for each booking facilitated through their platform.

MeMessaging Tools

Features within the Airbnb and VRBO platforms that facilitate communication between hosts and guests before, during, and after a booking.

MeRevenue Management

The practice of optimizing pricing, availability, and marketing strategies to maximize revenue generated from short-term rental properties.

MeKeyless Entry

A system that allows guests to access a rental property without a physical key, often using a code, app, or smart lock.

MeLocal Experiences

Activities, tours, or attractions offered in the vicinity of a short-term rental property that enhance the guest experience.

MeCleaning Protocol

A detailed set of guidelines and procedures for cleaning and sanitizing a short-term rental property between guest stays.

MeGuest Screening

The process of evaluating potential guests through reviews, verifications, and communication to minimize risks associated with bookings.

MeLiability Insurance

A type of insurance that protects short-term rental hosts from financial losses arising from claims of bodily injury or property damage.

MeOccupancy Calendar

A digital calendar used by hosts to track bookings, availability, and pricing for their short-term rental property.

MeMarket Analysis

Researching and understanding the trends, competition, and demand for short-term rentals in a specific location.

MeListing Optimization

The process of improving the visibility and attractiveness of a short-term rental listing on platforms like Airbnb and VRBO.

MeGuest Amenities

Items and services provided to guests to enhance their comfort and enjoyment during their stay at a short-term rental.

MeCancellation Policy

A set of rules and conditions that determine the refund amount a guest receives if they cancel their booking.

MeAutomated Messaging

The use of pre-written messages and scheduling tools to automate communication with guests throughout the booking process.

MeGuest Welcome Book

A digital or physical guide providing guests with essential information about the property, amenities, house rules, and local recommendations.

MePerformance Metrics

Data points used by hosts and property managers to track the success of their short-term rental business.

MeLegal Compliance

Adhering to all applicable laws, regulations, and licensing requirements related to short-term rentals in a specific location.

MeDirect Booking

A reservation made directly with the host, bypassing third-party platforms like Airbnb or VRBO.

MeMulti-Channel Distribution

Listing a short-term rental property on multiple platforms, such as Airbnb, VRBO, and Booking.com, to reach a wider audience.

MfOccupancy Rate

The percentage of time a short-term rental property is booked over a specific period. A high occupancy rate indicates strong demand and revenue potential.

MfFinancial Reporting

The process of tracking, analyzing, and reporting financial data related to short-term rental properties. This includes income, expenses, profits, and losses.

MfFurnished Rental

A short-term rental property that is fully equipped with furniture, appliances, and other essential household items, making it move-in ready for guests.

MfFamily-Friendly Amenities

Features and amenities that cater to families traveling with children, such as cribs, high chairs, toys, games, and childproofing measures.

MfFront Desk Services

Typically offered by larger short-term rental properties or those within a hotel-like setting, these services provide guests with assistance similar to a traditional hotel front

MfFire Safety Equipment

Essential safety devices required in short-term rentals to prevent and respond to fires, including smoke detectors, carbon monoxide detectors, fire extinguishers, and fire escape plans.

MfFloor Plan

A diagram that shows the layout of a short-term rental property, including the number and arrangement of rooms, doors, windows, and other structural elements.

MfFive-Star Review

The highest rating a guest can give a short-term rental property on platforms like Airbnb and VRBO, indicating exceptional quality, service, and experience.

MfFlexible Cancellation Policy

A cancellation policy that allows guests to cancel their booking for free or with a partial refund up to a certain time before their scheduled

MfFrequency of Cleaning

How often a short-term rental property is cleaned between guest stays, typically ranging from after every guest to once a week or month depending on

MfFeatured Listing

A listing that is prominently displayed on a short-term rental platform like Airbnb or VRBO, often for a fee, to increase visibility and attract more

MfForward Booking

The practice of accepting reservations for a short-term rental property in advance, often for weeks, months, or even years into the future.

MfFacebook Groups

Online communities on Facebook where hosts and property managers can connect, share advice, ask questions, and stay updated on industry trends and best practices.

MfFeedback Management

The process of monitoring, responding to, and managing guest reviews and feedback across various platforms to improve guest satisfaction and online reputation.

MfField Marketing

Promotional activities that take place offline to promote a short-term rental property and attract local guests, such as attending events, partnering with local businesses, or

MfFull-Service Management

A comprehensive property management service that handles all aspects of running a short-term rental, from listing creation and guest communication to cleaning, maintenance, and financial

MfFurnishings and Decor

The furniture, appliances, decorations, and other items that equip a short-term rental property and contribute to its overall style, comfort, and appeal.

MfFraud Prevention

Measures taken by short-term rental platforms and hosts to prevent fraudulent bookings, payments, and other security risks.

MfFranchise Opportunities

Business models where individuals can purchase the right to operate a short-term rental management business under an established brand and system.

MfFree Wi-Fi

Complimentary wireless internet access provided to guests in a short-term rental property, considered an essential amenity for modern travelers.

MgGuest Experience

The overall impression and satisfaction a guest has with their stay at a short-term rental, encompassing all aspects from pre-booking to post-stay.

MgGuest Screening

The process of vetting potential guests to minimize risks such as property damage, noise complaints, or unauthorized occupants.

MgGuest Communication

The exchange of information and interaction between hosts or property managers and guests throughout the booking and stay process.

MgGuest Book

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

MgGuest Access

The method by which guests enter and access the short-term rental property, such as keyless entry, lockboxes, or on-site staff.

MgGuaranteed Bookings

A feature offered by some property management companies where they guarantee a minimum number of bookings or revenue for a property within a specific timeframe.

MgGlobal Distribution

The practice of listing a short-term rental property on multiple online travel agencies (OTAs) and platforms to reach a wider audience.

MgGreen Cleaning

The use of eco-friendly and sustainable cleaning products and practices to minimize the environmental impact of short-term rental operations.

MgGrowth Hacking

Employing creative and unconventional marketing strategies to rapidly increase bookings and revenue for a short-term rental business.

MgGross Rental Income

The total revenue generated from short-term rental bookings before deducting any expenses such as cleaning fees, platform fees, or management fees.

MgGuest Portal

An online platform or app that provides guests with a centralized hub for accessing booking information, communication tools, and property details.

MgGuest Reviews

Feedback and ratings provided by guests after their stay, publicly displayed on platforms like Airbnb and VRBO, influencing future booking decisions.

MgGuest Preferences

The specific needs, desires, and expectations of guests when searching for and booking short-term rentals, such as amenities, location, or property type.

MgGuest Acquisition

The process of attracting and converting potential guests into paying customers for a short-term rental property.

MgGuest Loyalty

The ongoing relationship and repeat business generated from satisfied guests who choose to book the same short-term rental property or host again.

MgGuest Verification

The process of confirming the identity of guests booking a short-term rental to prevent fraudulent bookings and ensure safety and security.

MgGuest Welcome Guide

A comprehensive document or digital resource provided to guests upon booking confirmation, containing essential information about the property, check-in instructions, local recommendations, and house rules.

MgGuest Support

The assistance and communication provided to guests before, during, and after their stay, addressing any questions, concerns, or issues that may arise.

MgGuest Amenities

The additional features, products, or services offered to guests to enhance their comfort and enjoyment during their stay at a short-term rental.

MgGuest Data

Information collected about guests during the booking and stay process, such as contact details, booking history, and preferences, used to personalize experiences and improve services.

MhHostaway

A popular property management software designed for short-term rental hosts and property managers. It offers features like channel management, booking automation, and financial reporting.

MhHostfully

A property management platform that helps short-term rental hosts streamline their operations. It provides tools for guest communication, automated messaging, and guidebooks.

MhHomeAway

A vacation rental marketplace that allows homeowners to list and manage their properties for short-term rentals. It was acquired by Expedia Group and is now

MhHospitality Design

The art and science of creating welcoming and functional spaces for guests in short-term rentals. It encompasses interior design, furniture selection, and guest experience elements.