I'm sure this is a relatively simple task but I've never done it before and want to make sure I get it right. There are some holes/separation appearing in the caulk between the bathtub and the wall around it. Here is a picture:
What would be the most appropriate way to fix this? Can I "patch" the holes with caulk or do I really need to remove what's there now and reapply? What type of caulk do I need? How do I make sure there is not moisture being sealed in? Also, what is the name of this type of material covering the wall around the inside of the tub/shower area? It feels thin and kind of plastic-y. I tried to describe it to someone and realized that I do not know what it's called.