Glossary
Short-term rental glossary
The vocabulary of hosting, defined in plain language — with links to go deeper.
The average price charged per booked night over a period.
How far in advance guests book, on average.
Software that syncs availability, rates, and bookings across booking platforms.
A per-stay fee that helps cover turnover costs.
A partner who helps manage a listing, often for a share of revenue.
A small per-stay fee that covers accidental damage instead of a deposit.
A reservation made through your own site rather than an OTA.
Automatically adjusting nightly rates by demand, season, and events.
Vetting guests to reduce fraud, parties, and damage risk.
A setting that lets qualified guests book without host pre-approval.
The gap between booking and check-in.
A discount for weekly or monthly bookings.
A furnished stay of roughly one to several months.
The fewest nights a guest can book.
The share of available nights that are booked.
A short, hard-to-book gap between two reservations.
A booking marketplace like Airbnb, Vrbo, or Booking.com.
A periodic report of revenue and expenses for a managed property.
A hub that manages listings, calendars, messaging, automation, and reporting.
Running rentals on behalf of owners for a fee or revenue share.
Average daily rate multiplied by occupancy — revenue per available night.
A held amount to cover potential guest-caused damage.
Automated rate suggestions, often a platform's built-in pricing feature.
The cleaning and reset of a property between guests.