A business model where individuals rent properties long-term and then sublet them as short-term rentals on platforms like Airbnb and VRBO, aiming to profit from the difference in rental rates.
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Glossary Term: Business Model
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A fictitious company name representing a potential business model focused on providing comprehensive property management services specifically for short-term rental owners.
Refers to the business model of short-term rental management companies providing services directly to property owners, acting as intermediaries.
A business structure where a short-term rental management company (the franchisor) grants another individual or company (the franchisee) the right to operate under their established brand and systems.
The framework that describes how a short-term rental business operates online, including revenue generation, customer acquisition, and service delivery. A well-defined ebusiness model is crucial for success in the short-term rental industry.
Refers to a traditional business with a physical location, as opposed to an online-only business. In the context of short-term rentals, it can refer to a property management company with a physical office.