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Short-term rental (STR) describes furnished self-contained apartments or houses that are rented for short periods of time. [1] They are usually seen as an alternative to hotels . "Short stay" rentals are an offshoot of the corporate housing market, [ 2 ] and are also offered by private owners and investors via online platforms such as Airbnb .
The average monthly rent for a new lease on a two-bedroom apartment exploded from 18,000 pesos at the end of 2019 to 334,000 pesos by January 2024—far exceeding the 210,000 pesos if they'd ...
Vacation rental bedroom in Liesing, Austria. A vacation rental is the renting out of a furnished apartment, house, or professionally managed resort-condominium complex on a temporary basis to tourists as an alternative to a hotel. The term vacation rental is mainly used in the US.
Short-term rentals are banned in certain parts of the city. [5] Barcelona: Vacation apartments are subject to the highest rate of property tax; platforms must share data with regulators. [6] [7] [8] Berlin: Short-term rentals require permission from authorities. Hosts can rent individual rooms with the condition that they live in most of the ...
The Los Angeles City Attorney's Office filed a lawsuit this week against Blueground, a short-term rental company that advertises properties. LA lawmakers threaten landlords with fines as high as ...
Short-term rental of all sorts of products (excluding real estate and holiday apartments) already represents an estimated €108 billion ($160 billion) annual market in Europe and is expected to grow further as the internet makes it easier to find specific items available for rent. [6]
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