Dictionaries

Learn more about the common terms used in property management and vacation rental industry

Agoda

Particularly strong in the Asia-Pacific region, Agoda offers a vast array of hotel and home options, known for its easy-to-use platform and competitive prices. …

Agile Marketing

Agile marketing is a marketing approach that allows quick adjustments and flexibility in villa promotions based on market trends or guest behavior. …

Agent Commission

Agent commission is The percentage or flat fee paid to an agent or property manager for securing bookings or managing the villa. …

Affiliate Marketing

Affiliate marketing is a marketing arrangement by which an online retailer pays commission to an external website for traffic or sales generated from its referrals. …

Advertising Campaign

Advertising campaign is a coordinated series of promotional activities aimed at raising awareness, generating interest, and ultimately driving bookings for your Bali villa …

Advanced Booking

Advanced booking is the ability for guests to book their stay well in advance, often incentivized with discounts or early bird promotions. …

Accrual Accounting

Accrual accounting is a recording revenues and expenses when they are incurred, regardless of when cash is exchanged. …

Accreditation

Accreditation is a certification from a governing body or agency, such as Bali’s tourism department, for rental properties. …

Accommodation Types

Accommodation types offered are including villas, apartments, and shared rooms, each catering to different guest preferences. …

Accommodation Reviews

Accommodation reviews is a guest feedback and ratings shared on platforms like TripAdvisor, Google, or OTAs, influencing the villa’s reputation. …

Accessibility Features

Accessibility features are elements that ensure the website is usable by people with disabilities, like screen reader compatibility and keyboard navigation. …

Access Control

Access control is a process to ensure proper security and access to the villa through gated entrances, keycards, or other systems. …

Booking Channels

Booking channels refer to the various platforms through which villa owners market and rent their properties. Learn more about its importance in here! …

Blackout Dates

Blackout dates are specific dates when promotional offers, special rates, or discounts are not available. Learn more about it in here! …

Big Data

Big Data refers to large volumes of structured and unstructured data that can be analyzed to reveal patterns, trends, and insights. Learn more here! …

Bedding and Linen Supply

Bedding and linen supply refers to the management, maintenance, and replenishment of all linen-related items in a villa. Read more here! …

Balinese Cultural Practices

Balinese cultural practices encompass the traditional customs, beliefs, and rituals of the Balinese people. Learn more here! …

Bali Tourism Law Compliance

Bali Tourism Law Compliance refers to adhering to the regulations and legal requirements set by Bali’s local government and tourism authorities for villa rental businesses. Read more here! …

Balance Sheet

Balance sheet is a financial statement that provides a snapshot of a villa’s financial health at a specific point in time. Read more here! …

Back-Up Systems

Back-up systems refer to the set of measures villa owners implement to prevent service interruptions and ensure the villa remains operational in the event of unforeseen disruptions. Learn more here! …

Back-End System

Back-end system refers to the internal software and processes that villa owners or managers use to handle critical administrative tasks, such as bookings, payments, guest information, and property management. Learn …

B2B Partnerships

B2B partnerships is a collaborations between villa owners and travel agents, tourism agencies, or other businesses to drive bookings and expand reach. Learn more here! …