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Industry
Industry
53 terms
A
B
C
D
E
F
G
H
I
J
K
L
M
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A
ADU
An ADU (accessory dwelling unit) is a secondary housing unit on a single-family property — such as a garage apartment or backyard cottage — often used as a short-term rental.
Airbnb
Airbnb is the world's largest online marketplace for vacation rentals, homestays, and short-term rental experiences.
Airbnb Co-Host Network
Airbnb's official marketplace connecting property owners with experienced co-hosts who manage their listings.
Amenity
A feature, facility, or service provided at a vacation rental that adds value to the guest experience.
Aparthotel
A hybrid accommodation combining hotel-style services with apartment-style living spaces.
B
Bleisure Travel
A travel trend where business trips are extended to include leisure activities and personal vacation time.
Booking.com
Booking.com is a leading global online travel agency with a massive international audience, particularly strong across European markets.
Boutique Hotel
A boutique hotel is a small, design-forward independent hotel — typically under 100 rooms — known for distinctive character and personalized service.
Business Travel
Trips taken for professional purposes, with an increasing share of business travelers choosing vacation rentals over traditional hotels.
C
Cabin
A cozy, often rustic vacation rental property typically located in mountain, forest, lake, or rural settings.
Chalet
A vacation rental property typically found in mountainous or ski resort areas, characterized by wooden architecture and alpine charm.
Co-Host
A person who helps manage a vacation rental property on behalf of the primary host, sharing responsibilities and revenue.
Condo
An individually owned residential unit within a larger building or complex, commonly used as a vacation rental in urban and resort markets.
Corporate Housing
Fully furnished rental properties leased to business travelers and professionals on extended work assignments, typically for 30 days or more.
Cottage
A small, charming vacation rental property typically situated in a rural, coastal, or countryside setting.
D
Digital Nomad Visa
A special residence permit allowing remote workers to live and work in a foreign country for an extended period.
Direct Booking
A reservation made directly with a property manager's own website, bypassing OTA platforms and their commission fees.
E
Experience Economy
The experience economy describes a shift in consumer spending toward immersive, memorable experiences over material goods, directly shaping how travelers choose and value vacation rentals.
Extended Stay
Extended stay refers to accommodation designed for guests staying 30 days or longer, with amenities like full kitchens and discounted weekly or monthly rates.
F
Family Travel
Family travel refers to leisure trips taken by households with children, a major guest segment that prioritizes space, safety, and kitchen facilities in vacation rentals.
G
Glamping
A form of luxury outdoor accommodation that combines camping with hotel-like amenities and comforts.
H
Homesharing
Homesharing is the practice of renting out a room or portion of your primary residence to guests while you continue living in the home.
Hospitality
Hospitality is the industry encompassing lodging, food service, and guest experiences, including short-term rentals and vacation properties.
Houseboat
A floating residential vessel used as a vacation rental, offering a distinctive waterfront accommodation experience.
I
Instant Book
A booking setting that allows guests to reserve a property immediately without requiring host approval.
L
Last-Minute Booking
A reservation made within a short window before the check-in date, typically 1–7 days prior.
Listing
A property profile published on a booking platform, containing descriptions, photos, pricing, and availability.
M
Mid-Term Rental
A furnished property rented for 1 to 6 months, bridging the gap between short-term and long-term rentals.
O
OTA (Online Travel Agency)
A website or platform where travelers search for and book vacation rentals and accommodations online.
P
Penthouse
A premium upper-floor vacation rental unit offering luxury amenities, panoramic views, and high-end finishes.
Professional Host
A professional host is an operator who manages short-term rental properties as a primary business, typically overseeing multiple listings with systems and staff.
Property Management Company
A business that manages vacation rental properties on behalf of property owners for a fee or revenue share.
Property Manager
A property manager in the STR industry is a professional who oversees the operations of vacation rental properties on behalf of property owners, for a fee.
Property Portfolio
The total collection of rental properties managed by a property manager or management company.
R
Rental Arbitrage
A business model where an operator leases properties long-term and rents them out as short-term vacation rentals for profit.
S
Same-Day Booking
A reservation made and completed on the same day as the guest's check-in date.
Service Fee
A fee charged by booking platforms to guests, hosts, or both to cover the cost of facilitating the reservation.
Serviced Apartment
A 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-Jetting
A travel trend where tourists visit destinations featured in popular movies, TV shows, or streaming content.
Sharing Economy
The 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 Travel
Slow 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 Travel
Solo 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 Ban
A regulatory prohibition or severe restriction on short-term rental operations imposed by a local government or HOA.
Superhost
An Airbnb recognition badge awarded to hosts who consistently deliver exceptional guest experiences.
T
Tiny House
A compact, often creatively designed vacation rental property typically under 400 square feet, popular as a unique stay experience.
Townhouse
A multi-story residential property sharing walls with adjacent units, commonly used as a vacation rental in urban and resort areas.
Treehouse
An elevated vacation rental built in or around trees, offering a unique and memorable guest experience in natural settings.
Tripadvisor Rentals
Tripadvisor Rentals is a vacation rental listing channel leveraging Tripadvisor's massive review-driven travel audience for property discovery.
V
Vacation Rental
A furnished property rented to travelers on a short-term basis as an alternative to hotel accommodation.
Villa
A luxury standalone vacation rental property, often featuring a private pool, spacious grounds, and premium amenities.
Vrbo
Vrbo is a major vacation rental marketplace owned by Expedia Group, focused on whole-home rentals for families and groups.
W
Workation
A trip where travelers combine remote work with vacation, staying at destinations where they can be productive and enjoy leisure time.
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