Short Term Rental Glossary For Airbnb & Vrbo

Vx-Vacation Experience Curator

A professional who designs and arranges unique local experiences for short-term rental guests, enhancing their stay with personalized activities and recommendations.

Vx-Vacation Expert Photography

High-quality photos showcasing a short-term rental’s best features, attracting potential guests and influencing their booking decisions.

Vx-Vacation Email Automation

Using software or platform tools to automate guest communication, such as sending booking confirmations, check-in instructions, or post-stay reviews.

Vx-Vacation Extended Stay Amenities

Additional conveniences provided in a short-term rental specifically for guests booking longer stays, such as laundry facilities, a fully equipped kitchen, or a workspace.

Vy-Vacation Yield Management

The process of adjusting rental prices based on factors like seasonality, demand, and competition to maximize occupancy and revenue.

Vy-Vacation Year-Round Maintenance

A proactive approach to property upkeep that involves regular inspections, repairs, and preventative measures to avoid costly issues and ensure guest satisfaction throughout the year.

Vy-Vacation Yelp Review Management

Actively monitoring and responding to reviews on Yelp, addressing concerns, and leveraging positive feedback to enhance reputation and attract bookings.

Vy-Vacation YouTube Video Tours

Creating engaging video walkthroughs of the property and its features, providing potential guests with an immersive and informative viewing experience.

Vy-Vacation Yurt Rental Listing

Marketing and managing the rental of a unique accommodation type, a yurt, through online platforms like Airbnb and VRBO to attract adventurous travelers.

Vy-Vacation Yield Percentage

A metric used to measure the financial performance of a short-term rental property, calculated as the annual rental income divided by the property value.

Vy-Vacation Yearly Performance Review

Analyzing key metrics such as occupancy rates, revenue, guest satisfaction, and market trends to evaluate the success of rental operations and identify areas for improvement.

Vy-Vacation Yard Maintenance Services

Outsourcing the upkeep and care of the property’s outdoor spaces, including lawn care, landscaping, and pool cleaning, to enhance curb appeal and guest satisfaction.

Vz-Vacation Zestimate Analysis

Utilizing Zillow’s Zestimate tool to estimate the market value of a property for short-term rental purposes, helping hosts understand potential rental income and property valuation.

Vz-Vacation Zero-Party Data Collection

The process of directly collecting data from guests about their preferences, interests, and travel styles, allowing hosts to personalize guest experiences and tailor marketing efforts.

Vz-Vacation Zip Code Analysis

Researching and analyzing the performance of short-term rentals in specific zip codes, identifying areas with high demand, occupancy rates, and potential for rental income.

Vz-Vacation Zero-Waste Initiatives

Implementing eco-friendly practices and reducing waste in short-term rentals, appealing to environmentally conscious guests and promoting sustainability.

Vz-Vacation Zoom Background Options

Providing attractive and professional Zoom virtual backgrounds for guests who need to work remotely, enhancing the remote work experience and adding value for business travelers.

Vz-Vacation Zen Garden Design

Creating a tranquil and relaxing outdoor space inspired by Japanese Zen gardens, providing guests with a serene area for meditation, contemplation, or simply enjoying nature.

Vz-Vacation Ziplining Adventure Packages

Partnering with local ziplining companies to offer guests discounted packages or exclusive experiences, enhancing the appeal of the rental and providing additional revenue streams.

Vz-Vacation Zodiac Sign-Themed Decor

Decorating a short-term rental with astrological elements and themes based on the zodiac signs, creating a unique and personalized experience for guests interested in astrology.

Wear and Tear Allowance

A predetermined amount deducted from a security deposit or rental income to cover the normal depreciation of property and furnishings due to guest use.

Welcome Book

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

Weekend Rate Premium

A pricing strategy where higher rates are charged for stays that include weekends (Friday and Saturday nights) due to increased demand.

Whole Home Rental

A type of short-term rental where guests have exclusive access to an entire property, including bedrooms, bathrooms, kitchen, and living areas.

WiFi Availability

The provision of wireless internet access to guests as an essential amenity in short-term rentals.

Word-of-Mouth Marketing

The promotion of short-term rentals through personal recommendations and referrals from satisfied guests.

Working Group for Short-Term Rentals

A collaborative group formed by industry stakeholders, government agencies, and community representatives to address issues related to short-term rentals.

Walkability Score

A metric that measures the ease of walking to amenities and points of interest from a property’s location, influencing its desirability for short-term rentals.

Workflow Automation

The use of technology and software to automate repetitive tasks in short-term rental management, such as guest communication, booking management, and cleaning scheduling.

Website Booking Engine

A software application integrated into a vacation rental website that allows guests to search for availability, view rates, and make direct bookings.

Watermark Photography

The use of subtle watermarks on property photos to protect intellectual property and deter unauthorized use.

Weekly Discount

A pricing strategy that offers a reduced rate for guests who book a stay of seven nights or more, encouraging longer bookings.

Welcome Basket

A thoughtful gesture of providing guests with a basket of complimentary items upon arrival, such as snacks, beverages, or local products.

White Glove Service

A high level of personalized and attentive service provided to guests, exceeding expectations and creating a luxurious experience.

Winterization Procedures

Necessary steps taken to prepare a vacation rental property for the winter season, including protecting pipes from freezing, insulating windows, and shutting off outdoor water

Word-of-Mouth Referrals

A powerful marketing channel where satisfied guests recommend a short-term rental to their friends, family, and colleagues.

Workspace Amenities

Providing dedicated workspaces within a short-term rental with features like desks, ergonomic chairs, and reliable Wi-Fi to cater to remote workers and digital nomads.

Welcome Email Sequence

A series of automated emails sent to guests before, during, and after their stay, providing important information, confirming details, and enhancing their experience.

Walk-Through Inspection

A thorough inspection of the property conducted before and after each guest stay to assess cleanliness, identify any damages, and ensure everything is in order.

Wireless Smart Locks

Keyless entry systems that allow hosts to remotely manage access to their properties, providing guests with unique access codes for convenient and secure check-in.

Waiver of Subrogation

A clause in an insurance policy that prevents the insurance company from suing the renter for damages they have already covered for the property owner.

Walkability Index

A measure of how easy it is to walk to amenities and services from a property, often used to assess the desirability of a location

Waived Fees

Specific fees that a short-term rental platform, like Airbnb or VRBO, may choose to waive for hosts or guests under certain circumstances, such as promotions

Walkability

A measure of how easy it is to walk to amenities and attractions from a short-term rental property, often influencing its desirability and pricing.

Water Damage Protection

Insurance coverage specifically designed to protect short-term rental hosts from financial losses caused by water damage to their property.

Waterfront Property

A short-term rental property that is located directly on a body of water, such as a lake, river, or ocean, often commanding premium rates.

Warrant of Habitability

A legal doctrine requiring landlords to maintain their rental properties in a habitable condition, ensuring basic living standards like plumbing, heating, and safety.

Warranty of Title

A guarantee from the seller to the buyer in a real estate transaction, ensuring that the seller has the legal right to sell the property

Washer/Dryer In-Unit

An amenity in a short-term rental property indicating the presence of a combined washer and dryer appliance within the unit itself, offering convenience for guests.

Waste Management

The collection, transportation, and disposal of garbage and recycling generated at a short-term rental property, ensuring proper hygiene and environmental responsibility.

Wear and Tear

The normal deterioration of a property and its furnishings due to everyday use by guests.

Weekend Rate

A higher nightly or overall price charged for bookings that include Friday, Saturday, and/or Sunday nights, reflecting increased demand.

Website Integration

Connecting a short-term rental property listing to the host’s own website for direct bookings and brand consistency.

Wellness Amenities

Features and facilities that promote health and well-being, such as yoga mats, meditation spaces, or access to fitness centers.

Wearable Technology Integration

The inclusion of wearable technology, such as smartwatches or fitness trackers, within a short-term rental property to enhance guest experience or provide additional amenities.

Weather-Based Pricing

A dynamic pricing strategy that adjusts rental rates based on real-time or forecasted weather conditions.

Website Analytics

The collection and analysis of data from a short-term rental property’s website to understand user behavior, track performance, and optimize marketing efforts.

Welcome Guidebook

A comprehensive document provided to guests upon booking or arrival, containing information about the property, local area, and house rules.

Wedding Venue Rental

The practice of renting out a short-term rental property as a venue for weddings or other special events.

Weekend Getaway Package

A bundled offering that combines a short-term rental stay with additional experiences or amenities specifically tailored for weekend travelers.

Welcome Gift

A thoughtful gesture provided to guests upon arrival, such as a bottle of wine, local snacks, or a personalized note.

Well-Equipped Kitchen

A kitchen in a short-term rental property that is fully furnished with appliances, cookware, and utensils to allow guests to prepare meals comfortably.

Weekly Cleaning Service

A professional cleaning service provided to short-term rental properties on a weekly basis to maintain cleanliness and hygiene standards.

Website Listing Optimization

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

Wellness Retreat Hosting

Offering short-term rental properties specifically designed and marketed for wellness retreats, often including amenities like yoga studios, meditation spaces, or spa treatments.

Wear-and-Tear Allowance

A predetermined amount of money set aside by hosts to cover the expected depreciation of furnishings, appliances, and other property features due to normal use

Weekend Premium Pricing

A pricing strategy where hosts charge a higher nightly rate for stays that include weekends (typically Friday and Saturday nights) due to increased demand.

Welcome Packet

A physical or digital collection of information provided to guests upon arrival, containing details about the property, house rules, local recommendations, and emergency contacts.

Website Builder

An online platform or software that allows hosts to create and manage their own websites for their short-term rental properties, often with templates, booking engines,

Wedding-Friendly Rental

A short-term rental property that is suitable and marketed towards guests planning weddings, often featuring ample space, scenic views, and amenities conducive to wedding parties

Wkly Revenue Management

The practice of analyzing and adjusting pricing strategies on a weekly basis to maximize rental income, considering factors like seasonality, demand, and competitor pricing.

Wkly Occupancy Rate

The percentage of time a short-term rental property is booked and occupied during a given week, often used as a key performance indicator (KPI) in

Wkly Guest Communication

The regular exchange of information between hosts and guests throughout a weekly booking period, covering topics like check-in instructions, local recommendations, and addressing any guest