Industry
53 termsC
CabinA cozy, often rustic vacation rental property typically located in mountain, forest, lake, or rural settings.ChaletA vacation rental property typically found in mountainous or ski resort areas, characterized by wooden architecture and alpine charm.Co-HostA person who helps manage a vacation rental property on behalf of the primary host, sharing responsibilities and revenue.CondoAn individually owned residential unit within a larger building or complex, commonly used as a vacation rental in urban and resort markets.Corporate HousingFully furnished rental properties leased to business travelers and professionals on extended work assignments, typically for 30 days or more.CottageA small, charming vacation rental property typically situated in a rural, coastal, or countryside setting. S
Same-Day BookingA reservation made and completed on the same day as the guest's check-in date.Service FeeA fee charged by booking platforms to guests, hosts, or both to cover the cost of facilitating the reservation.Serviced ApartmentA serviced apartment is a fully furnished rental unit with hotel-like amenities and housekeeping, designed for stays typically ranging from a few days to several months.Set-JettingA travel trend where tourists visit destinations featured in popular movies, TV shows, or streaming content.Sharing EconomyThe sharing economy is an economic model where individuals rent or share underutilized assets — like homes or vehicles — peer-to-peer through digital platforms.Short-Term Rental (STR)A property rented for short periods, typically fewer than 30 consecutive days.Slow TravelSlow travel is a travel philosophy centered on spending longer periods in fewer destinations to experience local culture more deeply, driving demand for longer vacation rental stays.Solo TravelSolo travel refers to trips taken by individuals traveling alone, a growing guest segment with specific preferences for location, safety, and value in vacation rental accommodations.STR BanA regulatory prohibition or severe restriction on short-term rental operations imposed by a local government or HOA.SuperhostAn Airbnb recognition badge awarded to hosts who consistently deliver exceptional guest experiences.