Our thoughts on the benefits of security deposits
Peace of mind. Here are a few benefits:
- 🛡Protection against damage and misuse.
- 🙋♀️Guests feel more responsible. Honest guests aren't discouraged with a reasonable security deposit. It also deters unsuitable guests.
- 🏃♀️Fastest way to collect funds to pay for repairs before your next guest arrives. Insurance may pay out but can take weeks or months.
- 🤖Automated collection. With Uplisting's Automated Security Deposit collection for Booking.com, Vrbo and direct bookings (via your Uplisting website) you only get involved if a guest doesn't provide valid payment.
Updated over 2 years ago