The rapid and significant increase in the popularity and availability of short-term rentals, driven by factors such as the rise of the sharing economy and the increasing demand for alternative accommodation options.
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Glossary Term: Alternative Accommodation
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A pricing option offered by some hosts that allows guests to book a short-term rental for a portion of the day, typically for a few hours, at a reduced rate compared to an overnight stay.
An association representing the yacht charter industry. While not directly related to traditional short-term rentals, it highlights the growing trend of alternative accommodation options and the potential for diversification.