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An often-overlooked risk of booking vacation rentals on Vrbo, Airbnb, and other vacation rental websites: These platforms may not be legally compelled to ensure that claims made by hosts who rent ...
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 website soon became popular with homeowners that wanted to list their properties for short term rental. [2] [3] By 2006, VRBO had over 65,000 rental listings [4] and was adding 100 new listings per day. [3] VRBO originally had a subscription business model in which payment of an annual fee allowed homeowners to list their properties on the ...
Vacation rentals can also negatively affect local communities in a number of ways. While not the major cause of limited affordable housing, vacation rentals negatively affect the long-term housing market in local communities, especially tourism communities. As more short-term rentals increase, the availability of long-term units decreases.
Once a quiet residential area, a combination of short term vacation rentals and inns have turned East Gaston Street into a popular area for visitors to stay while in Savannah. Bob Rosenwald is a ...
The 1,037 rentals reported by the city of Asheville on Nov. 13 — split between 176 legal short-term vacation rentals and 861 homestays — matches similar July Citizen Times reporting.
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