Words

segregation of price into different levels

pricing strategy where rates differ depending on the number of guests staying.

also known as “Release days”. The minimum number of days in advance a booking has to be made, e.g minimum of two days before arrival. This allows property managers to gain better control of last-minute bookings and gives them time to prepare for the guest’s arrival.

properties that are sold before their construction at a discounted price.

the act of funding a property by using one’s portfolio or a part of it as collateral.

an extra service charge vacation rental owners and property managers can charge to guests who wish to heat the property pool or hot tub.

a course or principle of action adopted or proposed by the host for his property

use of platform to bad effect or for a bad purpose

a person who brings a case against another in a court of law.

sales presentation or sales pitch is a line of talk that attempts to persuade someone or something, with a planned sales presentation strategy of a product or service designed to initiate and close a sale of the product or service.