Words

An organized event during which a host meets and welcomes the guests.

a price increase on certain channels, typically to guarantee revenue profit on third-party sites which charge commissions.

process in which a room or property in a PMS is set up to synchronize with its equivalent in an OTA.

an agreement for managing a residential tenancy for managing that property

any services which help vacation rental managers improve their online property distribution. For example, assistance with increasing revenue, adjusting nightly rates, managing payments and accounting, or listing the property on additional channels.

Rentals that provides a luxurious accommodation experience to the guest.

a higher-quality property – often a serviced rental – with superior architecture, services and amenities that are usually reflected in the rental price.

also known as “Off-peak season”. It’s a time of year during which travel is less common, resulting in fewer bookings for vacation rental owners and property managers and consequently forcing them to lower their rates in order to stay competitive.

A room or space directly under the roof of a house or other building.

a vacation rental software solution that allows owners and property managers to easily manage their short-term rental business in one place. Owners can create their own accommodation website and accept online bookings. As well as manage all reservations from one place and synchronize property data with their booking channels.