Vacation Rental Glossary
Regularly updated list of commonly used short term rental terms.
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Our growing list of commonly used vacation rental terms to explain confusing acronyms or jargon you might encounter in your hosting journey.
Length of Stay pricing
A pricing policy that offers guests a lower rate for longer duration stays, for example offering a lower nightly rate for 7 days vs 3 days.
A formal certificate from a local jurisdiction that is required to rent a property for short-term durations. Requirements differ by city or state, search for yours in our short-term rental city directory.
The posting on a listing site such as Airbnb or Vrbo providing guests an overview of the property, usually including a description, photos, pricing, and a calendar of when it’s available to rent.
A lockbox, a key safe or key storage box, is a secure device that allows property owners to store a key or access code for their rental property. Guests can then access the property using the code or key stored in the lockbox, eliminating the need for property owners to meet guests in person to hand over keys.
Period of the year where travel to a particular location is in lower demand, resulting in fewer bookings or requiring lower nightly rates to entice guests to book a property. Also referred to as “off-peak” season.
Glossary terms are provided by the community to provide a quick reference for short term rental owners.
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