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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. [1]
Airbnb, Inc. (/ ˌɛərˌbiːɛnˈbiː / AIR-BEE-en-BEE) is an American company operating an online marketplace for short-and-long-term homestays and experiences in various countries and regions. It acts as a broker and charges a commission from each booking.
Rent regulation is a system of laws for the rental market of dwellings, with controversial effects on affordability of housing and tenancies. Generally, a system of rent regulation involves: Price controls, limits on the rent that a landlord may charge, typically called rent control or rent stabilization. Eviction controls: codified standards ...
With so many Airbnbs out of the short-term rental picture, they've been able to charge more. As such, NYC hotel prices are up 7% over the past year, compared to 2% nationally, according to data ...
On Jan. 9, Santa Fe County commissioners voted 4-1 to pass an ordinance that most notably limits owner-operators of short-term rentals to two properties and caps short-term rentals if they go ...
Short-term rental insurance typically offers a combination of property and liability coverage tailored to the specific needs of short-term rental hosts. Property coverage protects against physical ...