Short Term Rental Glossary For Airbnb & Vrbo

Vbrief

A concise document that outlines the key features, amenities, and house rules of a vacation rental property. It is often provided to potential guests before

Vbliging

Describes a host’s willingness to go above and beyond to accommodate guest requests and ensure a positive rental experience. This can include providing early check-in,

Vbroadcast

The act of promoting a vacation rental property to a wide audience through various marketing channels. This can include online travel agencies, social media platforms,

Vblueprint

A comprehensive plan that outlines all aspects of managing a vacation rental business. This includes setting financial goals, developing marketing strategies, establishing operational procedures, and

Vbonanza

A period of exceptionally high demand for vacation rentals, typically during peak seasons or special events. This often leads to increased bookings and higher rental

Vbounty

Refers to the financial rewards and benefits associated with owning and renting out a successful vacation rental property. This can include rental income, property appreciation,

Vblogger

An individual who creates and shares content related to vacation rentals on their blog. This can include travel tips, property reviews, industry insights, and advice

VbTrustee

A third-party service that manages security deposits for short-term rentals, holding funds securely and disbursing them according to the terms agreed upon by hosts and

VbVerified

A verification process used by some vacation rental platforms (like Airbnb) where hosts can choose to have their identity and listing information reviewed to enhance

VbVibe

The overall atmosphere, aesthetic, and experience that a short-term rental property evokes, often influenced by factors like interior design, amenities, location, and host communication style.

Vdara Collection

A curated collection of luxury vacation rentals managed by Vacasa, often featuring high-end amenities and prime locations.

Vderivative Income

Income generated from activities related to a short-term rental property but not directly from rental bookings, such as cleaning fees, pet fees, or early check-in

Vdistribution Channel

A platform or channel through which a short-term rental property is advertised and booked, such as Airbnb, VRBO, Booking.com, or a property manager’s website.

Vdoor Code Access

A keyless entry system that allows guests to access a short-term rental property using a unique code, typically provided before their arrival.

Vdynamic Pricing Strategy

An approach to pricing short-term rentals where rates fluctuate based on factors like demand, seasonality, competitor pricing, and special events.

Vdigital Guidebook

An electronic document or website providing guests with essential information about a short-term rental property and the surrounding area, including check-in instructions, Wi-Fi passwords, local

Vdamage Deposit

A refundable fee collected by hosts to cover potential damages to a short-term rental property caused by guests during their stay.

Vdata Analytics

The process of collecting, analyzing, and interpreting data related to short-term rental performance, such as occupancy rates, average daily rates, and guest reviews, to make

Vdirect Booking Website

A website owned and operated by a short-term rental host or property manager that allows guests to book directly, bypassing third-party platforms like Airbnb or

Vdedicated Workspace

A designated area within a short-term rental property specifically equipped for remote work, typically featuring a desk, comfortable chair, good lighting, and reliable internet access.

Vdesign Elements

The visual components that contribute to the overall aesthetic and ambiance of a short-term rental property, including furniture, decor, color schemes, and lighting.

Vdetailed Listing Description

A comprehensive written description of a short-term rental property that highlights its features, amenities, location, and unique selling points to attract potential guests.

Vdisposal Instructions

Clear guidelines provided to guests on how to properly dispose of trash, recycling, and compost at a short-term rental property, often including specific bin locations

Vdrive-To Destination

A short-term rental property located within a reasonable driving distance from major cities or popular tourist attractions, appealing to travelers seeking road trip destinations.

Vdual Occupancy

A pricing strategy where the nightly rate for a short-term rental property increases based on the number of guests occupying the space, typically after a

Vdusk-To-Dawn Lighting

Outdoor lighting fixtures installed at a short-term rental property that automatically turn on at dusk and off at dawn, enhancing safety and security for guests.

Vdeep Cleaning Protocol

A comprehensive cleaning process implemented between guest stays at a short-term rental property, involving thorough sanitation of all surfaces, linens, and appliances to ensure hygiene

Vdedicated Parking Space

A designated parking spot specifically reserved for guests staying at a short-term rental property, providing convenience and peace of mind.

Vdigital Marketing Campaign

A coordinated marketing effort utilizing online channels like social media, search engine optimization (SEO), and paid advertising to promote a short-term rental property and attract

Verified Host

A badge or status on platforms like Airbnb that indicates a host has completed a verification process, typically involving providing identification and proof of address.

Ventryway

The entrance or foyer of a vacation rental property, often staged and decorated to create a welcoming first impression for guests.

Verified Review

A review left by a guest who has stayed at a short-term rental property and whose booking has been verified by the platform.

Venmo

A mobile payment platform that some short-term rental managers use to process payments and security deposits.

Venue Insurance

A type of insurance policy that provides coverage for events held at a specific venue, such as a short-term rental property, and may be required

Verification Process

The steps involved in confirming the identity and legitimacy of both hosts and guests on short-term rental platforms.

Verbal Communication

Communication exchanged between hosts and guests through spoken words, either in person or remotely, which can be important for building rapport and addressing concerns.

Vertical Expansion

A growth strategy in short-term rental management that involves acquiring or managing more properties within the same market or niche.

Vfrequent Traveler Amenities

Amenities specifically catering to the needs of guests who travel frequently, such as loyalty programs, express check-in/out, and laundry services.

Vfurnished Rental

A rental property that includes all essential furniture for living, such as beds, sofas, tables, and appliances.

Vfront Desk Software

Software designed to manage operations of short-term rentals, including bookings, guest communication, and payments.

Vflexible Cancellation Policy

A cancellation policy that allows guests to cancel their booking with a full or partial refund, subject to certain conditions.

Vfloor Plan Layout

A visual representation of the layout of a property, showing the arrangement of rooms and spaces.

Vfire Safety Equipment

Essential safety equipment installed in a rental property to prevent and respond to fires, including smoke detectors, fire extinguishers, and fire escape plans.

Vfive-Star Rating

The highest rating a property can receive on platforms like Airbnb and VRBO, signifying exceptional quality and guest satisfaction.

Vflexible Check-in

Offering guests a range of check-in times or options beyond the standard time, such as self-check-in or late arrival.

Vfeature Highlights

A concise list or description of the most appealing and unique features of a rental property.

Vfree Wi-Fi

Providing complimentary wireless internet access to guests within the rental property.

Vfeedback Collection

The process of gathering reviews, ratings, and comments from guests after their stay to improve future guest experiences.

Vfinancial Reporting

Generating financial statements and reports that track income, expenses, and profitability of a short-term rental business.

Vfloor Area

The total usable living space within a property, typically measured in square feet or square meters.

Vfocal Point

A prominent feature or element in a property’s photography or description that draws attention and creates visual interest.

Vforward-Facing Camera

A security camera installed at the entrance of a property, facing outward, to monitor activity and enhance security.

Vfurniture Arrangement

The strategic placement and layout of furniture within a rental property to optimize space, flow, and aesthetics.

Vfuture Bookings

Reservations that have been made for a property for dates in the future.

Vguest App

A mobile application designed for guests staying in short-term rentals, often providing features like booking management, communication with hosts, access instructions, and local recommendations.

Vguest Communication

The process of interacting with guests before, during, and after their stay, encompassing inquiries, booking confirmations, check-in instructions, addressing concerns, and collecting feedback.

Vguest Experience

The overall impression and satisfaction a guest has with their stay, influenced by factors like property condition, amenities, communication, and ease of booking.

Vguest Feedback

Reviews, comments, and ratings provided by guests after their stay, offering valuable insights into areas for improvement and highlighting positive aspects of the rental experience.

Vguest Guidebook

A comprehensive resource provided to guests, typically in digital or printed format, containing essential information about the property, amenities, house rules, local recommendations, and emergency

Vguest Portal

An online platform or section of a website where guests can access their booking details, communicate with hosts, make payments, and access relevant information about

Vguest Preferences

Specific requirements, requests, or expectations communicated by guests before or during their stay, such as early check-in, late check-out, or dietary restrictions.

Vguest Screening

The process of vetting potential guests to minimize risks associated with property damage, security, and compliance with house rules, often involving identity verification and background

Vguest Services

Additional offerings provided to enhance the guest experience, such as airport transfers, grocery delivery, in-house chef services, or organized tours and activities.

Vguest Vetting

The process of evaluating potential guests to ensure they are a good fit for the property and minimize risks, often involving reviewing guest profiles, communication

Vglobal Distribution

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

Vgreen Cleaning

The use of eco-friendly and sustainable cleaning products and practices to minimize environmental impact while maintaining a clean and healthy environment for guests.

Vgross Rental Income

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

Vgroup Bookings

Reservations made for multiple guests traveling together, such as families, friends, or corporate groups, often requiring larger properties or specific amenities.

Vguaranteed Bookings

A feature offered by some property management companies or platforms that guarantee a minimum number of bookings or rental income for a specific period.

Vguidebook Creation

The process of developing a comprehensive guidebook for guests, including information about the property, amenities, local attractions, transportation, and house rules.

Vguest Verification

The process of confirming a guest’s identity and legitimacy before allowing them to book a short-term rental. This can involve verifying government-issued IDs, checking social

Vguest Welcome Book

A digital or physical guide provided to guests upon arrival at a short-term rental. It typically includes information on house rules, Wi-Fi passwords, appliance instructions,

Vglobal Travel Trends

Emerging patterns and shifts in the global travel industry that impact short-term rental demand, pricing, and guest preferences. These trends can include factors like the

Vgeographic Pricing

A pricing strategy used by short-term rental hosts to adjust their rates based on factors like location desirability, seasonality, local events, and competitor pricing within

VhHost Insurance

Specialized insurance policies designed to cover property damage and liability specifically for short-term rental hosts, often providing more comprehensive coverage than traditional homeowner’s or renter’s

VhHome Automation

The use of smart devices and technology to automate and remotely control aspects of a short-term rental property, such as thermostats, locks, lighting, and appliances,

VhHospitality Supplies

Essential amenities and consumables provided to guests in a short-term rental, including toiletries, linens, towels, kitchen supplies, and other items that contribute to a comfortable

VhHouse Rules

A set of guidelines and expectations communicated to guests before and during their stay at a short-term rental, covering aspects such as noise levels, smoking

VhHigh-Speed Internet

Fast and reliable internet access provided as an essential amenity in short-term rentals, allowing guests to stay connected, work remotely, and enjoy streaming entertainment during

VhHybrid Hosting

A flexible approach to short-term rental management where hosts combine self-management with the use of third-party services or platforms for specific tasks, such as cleaning,

VhHistorical Occupancy Rate

Past occupancy data for a short-term rental property, often tracked over months or years, providing insights into seasonal demand patterns, pricing strategies, and revenue forecasting.

VhHome Staging

The process of arranging furniture, decor, and accessories in a short-term rental to enhance its visual appeal, highlight its best features, and create an inviting

VhHost Communication

The exchange of information and interaction between short-term rental hosts and their guests, encompassing pre-booking inquiries, booking confirmations, check-in instructions, during-stay support, and post-stay feedback.

VhHost Dashboard

A centralized interface within a short-term rental platform or management software that provides hosts with an overview of their listings, bookings, calendar availability, financial performance,

VhHoliday Pricing

A dynamic pricing strategy used in short-term rental management where rates are adjusted based on seasonal demand, holidays, special events, and other factors that influence

VhHousekeeping Service

Professional cleaning and turnover services specifically tailored for short-term rentals, ensuring that properties are thoroughly cleaned, sanitized, and prepared for incoming guests between bookings.

VhHost Responsiveness

A measure of how quickly and effectively a short-term rental host responds to guest inquiries, booking requests, and messages, often influencing booking decisions and overall

VhHost Revenue

The total income generated from short-term rental bookings, including nightly rates, cleaning fees, extra guest charges, and other potential revenue streams, minus expenses such as

VhHyperlocal Marketing

Targeted marketing efforts focused on reaching potential guests within a specific geographic area, utilizing local partnerships, community engagement, and location-based advertising to promote short-term rentals.

VhHost Guarantee

Protection programs offered by short-term rental platforms like Airbnb and VRBO that provide financial coverage to hosts in case of guest damages, property theft, or

VhHome Safety Features

Security measures and equipment installed in a short-term rental to ensure the safety and well-being of guests, including smoke detectors, carbon monoxide detectors, fire extinguishers,

VhHost Cancellation Policy

The terms and conditions outlining the cancellation procedures and potential penalties for both hosts and guests in the event of a booking cancellation, providing clarity

VhHigh-Touch Service

A personalized and proactive approach to short-term rental hosting that emphasizes exceptional guest communication, attention to detail, and going above and beyond to create memorable

VhHost Profile

The online representation of a short-term rental host on platforms like Airbnb and VRBO, showcasing their profile picture, bio, hosting experience, guest reviews, and other

Virtual Assistant

A remote worker who provides administrative, technical, or creative assistance to clients. In the context of short-term rentals, virtual assistants can handle tasks such as