Short Term Rental Glossary For Airbnb & Vrbo

Nkr Guest Reviews

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

Nks Property Management Software

Comprehensive software solutions designed to streamline various aspects of short-term rental management, including bookings, communication, and finances.

Nla Noise Monitoring

The use of technology to monitor noise levels in a short-term rental property, often to ensure compliance with local noise ordinances and prevent disturbances to

Nlb Listing Optimization

The process of improving a short-term rental listing to rank higher in search results, attract more bookings, and maximize occupancy rates.

Nlc Liability Insurance

A type of insurance that protects short-term rental owners and property managers from financial losses due to claims of bodily injury or property damage that

Nld Local Marketing

Marketing efforts specifically targeted at attracting guests from the local area to a short-term rental property.

Nle Linen Service

A professional service that provides and cleans linens, towels, and other textiles for short-term rental properties, ensuring a high standard of cleanliness and guest satisfaction.

Nlf Long-Term Rental Strategy

A plan for managing a short-term rental property to attract longer-term bookings, often offering discounted rates for extended stays and targeting a different type of

Nlg Luxury Amenities

High-end features and amenities offered in a short-term rental property to enhance the guest experience and justify premium pricing.

Nlh Lead Generation

The process of attracting potential guests interested in booking a short-term rental property, using various marketing channels and strategies.

Nli Instant Booking

A feature on booking platforms that allows guests to book a short-term rental property instantly without waiting for host approval, streamlining the booking process.

Nlj Inventory Management

The process of tracking and managing all the furniture, appliances, and other supplies needed to operate a short-term rental property efficiently.

Nlk Key Performance Indicators (KPIs)

Measurable values that track the success and performance of a short-term rental business, such as occupancy rate, average daily rate, and guest satisfaction.

Nll Legal Restrictions

Laws, regulations, and ordinances that govern short-term rental operations in a specific location, including zoning restrictions, licensing requirements, and occupancy limits.

Nlm Minimum Night Stay

The shortest allowable booking duration for a short-term rental property, set by the host to manage turnover costs and target specific guest segments.

Nln Multi-Channel Distribution

The strategy of listing a short-term rental property on multiple booking platforms, such as Airbnb, VRBO, and Booking.com, to maximize exposure and reach a wider

Nlo Market Analysis

Researching and understanding the local short-term rental market, including competitor pricing, demand trends, and seasonality.

Nlp Mobile Check-In

A contactless check-in process that allows guests to access a short-term rental property using their smartphones, often through a digital key or access code.

Nlq Multi-Property Management

The practice of managing multiple short-term rental properties simultaneously, often requiring specialized software and systems to streamline operations.

Nlr Maintenance Requests

Requests submitted by guests or identified by property managers for repairs, upkeep, or maintenance tasks at a short-term rental property.

Nls Mid-Stay Cleaning

A cleaning service offered during a guest’s stay at a short-term rental property, typically for longer bookings, to maintain cleanliness and hygiene standards.

Nlt Message Templates

Pre-written messages used by hosts or property managers to communicate efficiently with guests, addressing common inquiries and providing information.

Nm-Neighborhood Amenities

Features and attractions located near a short-term rental property that can enhance its appeal to guests, such as parks, restaurants, shops, and entertainment venues.

Nm-Noise Ordinance

Local regulations that limit the amount of noise permissible in residential areas, often impacting short-term rentals regarding parties and gatherings.

Nm-Native Language Support

The ability to communicate with guests and manage listings in languages other than the host’s primary language, important for attracting international travelers.

Nm-Nightly Rate Calculation

The process of determining the optimal price to charge per night for a short-term rental, considering factors like seasonality, demand, competition, and property features.

Nm-Net Income Projection

An estimate of the profit a host can expect to earn from their short-term rental property after deducting all expenses, including mortgage, utilities, taxes, and

Nm-Negative Review Management

Strategies and techniques for addressing and mitigating the impact of negative reviews from guests on short-term rental platforms.

Nm-Non-Refundable Booking

A reservation type where the guest is charged the full amount upfront and is not entitled to a refund if they cancel, often offered at

Nm-Networking Opportunities

Events, groups, and online forums where short-term rental hosts can connect with each other to share knowledge, resources, and support.

Nm-Nest Thermostat Integration

Connecting a smart thermostat system to the short-term rental property to allow for remote temperature control, energy savings, and enhanced guest comfort.

Nm-Netflix Access

Providing guests with complimentary access to streaming services like Netflix, enhancing their entertainment options during their stay.

Nm-Noise-Dampening Materials

Using specific building materials or furnishings in the short-term rental to minimize noise transfer between units or from outside, improving guest comfort and reducing disturbances.

Nm-Neighborhood Watch Program

A community-based crime prevention initiative where residents, including short-term rental hosts, work together to enhance safety and security in the area.

Nm-Natural Disaster Preparedness

Having plans and supplies in place to ensure the safety of guests and minimize property damage in the event of natural disasters like hurricanes, earthquakes,

Nm-Non-Smoking Policy

A rule enforced by the host prohibiting smoking inside the short-term rental property to maintain cleanliness, prevent fire hazards, and accommodate guests with allergies.

Nm-Number of Guests Allowed

The maximum number of guests permitted to stay overnight in the short-term rental property, specified by the host based on local regulations and property capacity.

Nm-Negotiated Rate

A special price agreed upon between the host and the guest outside of the standard listed rates, often for extended stays, repeat bookings, or special

Nm-Noise Level Monitoring

Using devices to track noise levels within the short-term rental property to enforce quiet hours, prevent disturbances, and address noise complaints from neighbors.

Nm-Nighttime Photography Tips

Techniques and advice for capturing high-quality photos of the short-term rental property during the evening hours to showcase its ambiance and attract more bookings.

Nm-Native Plant Landscaping

Using local, drought-tolerant plants in the short-term rental’s outdoor spaces to minimize water usage, reduce maintenance, and enhance the property’s aesthetic appeal.

Nm-Net Promoter Score (NPS)

A metric used to measure guest satisfaction and loyalty by asking how likely they are to recommend the short-term rental property to others, providing insights

Nn-Nextdoor Neighborhood App

A private social networking app for neighborhoods, often used by hosts to connect with local residents, share information about their listings, and address any community

Nn-Nonprofit Hosting

Listing a property on platforms like Airbnb for charitable purposes, with a portion or all of the rental income donated to a nonprofit organization.

Nn-Neutral Interior Design

Decorating a rental property with a neutral color palette and minimalist style to appeal to a wider range of guests and create a sense of

Nn-Narrative-Driven Listing Description

Crafting compelling listing descriptions that tell a story about the property, the neighborhood, or the host’s experience, creating an emotional connection with potential guests.

Nn-Nestle Hospitality Academy

An online platform offering training and resources for hospitality professionals, including those in the short-term rental industry, covering topics like guest service, operations, and revenue

Nn-Non-Peak Season Pricing

Adjusting rental rates strategically during periods of lower demand, such as the off-season or weekdays, to attract more bookings and maximize occupancy.

Nn-Noise-Canceling Headphones

Providing noise-canceling headphones as an amenity for guests, particularly in urban areas or properties near busy streets, to enhance their comfort and privacy.

Nn-National Park Access

Highlighting the proximity of a rental property to national parks or nature reserves as a selling point, appealing to outdoor enthusiasts and adventure travelers.

Nn-Non-Contact Check-In

Implementing contactless check-in procedures, such as keyless entry systems or lockboxes, to minimize physical interaction and enhance safety and convenience for both hosts and guests.

Nn-Netflix and Chill Amenities

Providing streaming services like Netflix, Hulu, or Amazon Prime Video as part of the rental amenities package, catering to guests who enjoy entertainment and relaxation.

Nn-Nest Bedding and Linens

Using high-quality, comfortable bedding and linens from brands like Nest Bedding, known for their focus on sustainability and ethical sourcing, to enhance the guest experience.

Nn-Neighborhood Welcome Guide

Creating a comprehensive guide that provides guests with insider tips and recommendations for exploring the neighborhood, including local restaurants, shops, and attractions.

Nn-Non-Discriminatory Hosting Policy

Adhering to fair housing laws and platform policies by maintaining a non-discriminatory hosting policy, welcoming guests from all backgrounds and demographics.

Nn-Noise-Level Disclosure

Being transparent with potential guests about the expected noise levels in and around the property, particularly if it’s located in a bustling area or near

Nn-Nestle Pure Life Water

Providing complimentary bottled water from brands like Nestle Pure Life as a thoughtful gesture for guests upon arrival, ensuring their hydration and comfort.

Nn-Non-Emergency Contact Number

Providing guests with a dedicated non-emergency contact number for any questions or assistance they may need during their stay, ensuring a smooth and enjoyable experience.

Nn-Natural Cleaning Products

Using eco-friendly and non-toxic cleaning products in the rental property to promote sustainability and cater to guests with sensitivities or allergies.

Nn-Non-Smoking Property

Implementing a strict non-smoking policy within the rental property and communicating it clearly to guests to maintain air quality and prevent potential damage.

Noise Ordinance

Local regulations that set limits on noise levels at certain times of day, often impacting short-term rentals.

Non-Refundable Booking

A booking type where guests are not entitled to a refund if they cancel, often offered at a discounted rate.

Nomad List

A website and community popular with remote workers and digital nomads that ranks cities based on factors like internet speed, cost of living, and safety,

Notice to Vacate

A legal document served to tenants, including short-term renters, requiring them to leave the property by a specific date for reasons outlined by law.

Notary Public

A public official who can witness and authenticate signatures, sometimes required for legal documents related to short-term rentals.

No-Show Policy

A policy outlining the consequences for guests who book a short-term rental but do not show up, typically involving partial or full payment forfeiture.

Normal Wear and Tear

The expected deterioration of a property due to regular use, distinguishing it from damage caused by guests, relevant for security deposits.

No-Party Rule

A common house rule in short-term rentals prohibiting parties or large gatherings to prevent noise complaints and property damage.

Northstar Travel Group

A leading business-to-business information and marketing solutions company serving the travel and meetings industry, providing insights relevant to short-term rental trends.

Noise Pollution

Excessive noise levels that can negatively impact the guest experience and lead to complaints, especially in urban short-term rentals.

Notification Settings

Customizable options on platforms like Airbnb and VRBO that allow hosts to manage how and when they receive booking requests, messages, and other updates.

No Smoking Policy

A common rule in short-term rentals prohibiting smoking inside the property to maintain cleanliness and prevent damage.

Non-Emergency Services

Local resources and services that can assist short-term rental hosts and guests with non-urgent needs, such as transportation, entertainment, and recommendations.

Notarized Lease Agreement

A lease agreement that has been signed by a notary public, verifying the identities of the parties involved and the legitimacy of their signatures.

Noise-Reducing Windows

Windows designed to reduce the amount of noise that passes through them, creating a quieter indoor environment for guests.

No-Party Clause

A clause in a rental agreement that prohibits parties or large gatherings at the property, helping to prevent noise complaints and potential damage.

No-Cook Kitchen

A kitchen that does not have a stovetop or oven, typically equipped with a microwave, mini-fridge, and basic appliances for simple meal preparation.

Occupancy Rate

The percentage of time a short-term rental property is occupied by paying guests over a specific period. It is a key metric for evaluating the

Occupancy Sensor

A device that detects the presence of people in a short-term rental property. It can be used for various purposes, such as automating lights and

Occupancy Tax

A tax levied on the rental of accommodations, including short-term rentals, in many jurisdictions. Also known as a transient occupancy tax or lodging tax, it

Occupant Insurance

Insurance coverage that protects the personal belongings of tenants, including short-term rental guests, from covered perils such as theft, fire, or vandalism. It is important

Oceanfront Property

A highly desirable type of short-term rental property that is located directly on the ocean, offering stunning views and direct beach access. These properties often

Occasional Use Permit

A permit issued by some local governments that allows homeowners to rent out their property for short periods, typically less than 30 days.

Occupant Capacity

The maximum number of guests allowed to stay overnight in a short-term rental property, as determined by local regulations, safety codes, or the host’s own

Occupant Screening

The process of vetting potential guests before confirming their booking, typically involving background checks, ID verification, and review of previous reviews.

Occupant Waiver

A legal document signed by guests acknowledging potential risks associated with their stay and agreeing to release the host from liability for certain claims.

Occupant Agreement

A contract between the host and guest outlining the terms and conditions of the short-term rental, including house rules, check-in/out procedures, and cancellation policies.

Occupancy Buffer

A period of time blocked off between guest bookings to allow for cleaning, maintenance, or to prevent back-to-back bookings.

Occupancy Trends

Patterns and fluctuations in the demand for short-term rentals in a particular location, often influenced by seasonality, events, and travel trends.

Occupancy Analytics

The process of collecting and analyzing data related to occupancy rates, booking patterns, and revenue to optimize pricing and listing performance.

Occupancy Management

The strategic planning and coordination of bookings, pricing, and availability to maximize occupancy rates and revenue for a short-term rental property.

Occupancy Forecast

A prediction of future occupancy rates based on historical data, market trends, and other relevant factors, used to inform pricing and revenue strategies.

Occupant Communication

The process of interacting with guests before, during, and after their stay, including responding to inquiries, providing check-in instructions, and addressing any issues.

Occupant Feedback

Reviews, ratings, and comments provided by guests after their stay, offering valuable insights into guest satisfaction and areas for improvement.

Occasional Host

An individual who rents out their primary residence or a secondary property on a short-term basis infrequently, often for supplemental income or to cover expenses.