Words

An arrangement which allows a guest to check in earlier than the normal time

The practice of varying the price for rooms or properties to reflect changing market conditions. In particular, charging higher prices at a time of greater demand.

Partial payment guest makes at the time of booking in order to secure a reservation, usually a percentage of the total amount.

An error booking on calender where two or more guests have booked the date for same particular time.

a reservation that overlaps with an existing booking.

third-party websites for advertising properties online, such as Airbnb, Booking.com, Vrbo, etc.

When a guest books directly via the property owner or manager’s website, rather than through a third-party distribution channel.

the number of similar units that are available to rent in a specific area.

The act of returning the amount that renters have paid for the damage deposit (provided everything has been left in the same condition).

a money that is given to the host as a proof of intent to move-in and care for the property