An economic model based on the sharing of resources, such as homes or apartments, through online platforms like Airbnb and VRBO.
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Glossary Term: Sharing Economy
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The peer-to-peer rental market for recreational vehicles, facilitated by online platforms that connect RV owners with individuals seeking short-term rentals.
A Greek word that refers to the three levels of household, family, and property, often used in discussions of hospitality and the sharing economy.
The broader economic ecosystem encompassing short-term rentals, platforms like Airbnb and VRBO, and related services.
The practice of leveraging underutilized assets, such as a spare room or an entire property, to generate income through short-term rentals.
The broader concept of renting out a portion or all of one’s primary residence to guests for short-term stays, often facilitated through platforms like Airbnb.
An online platform where individuals (guests) can rent short-term accommodations directly from other individuals (hosts), often featuring peer-to-peer communication and booking systems.
The broader economic ecosystem encompassing short-term rental platforms, property management services, and related businesses that facilitate home sharing.
A labor market characterized by short-term contracts or freelance work, often facilitated by online platforms, relevant to the flexible nature of short-term rental hosting.
The economic activity generated by individuals renting out their homes or spare rooms on platforms like Airbnb and VRBO.
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.
An economic model based on sharing, renting, or borrowing assets or services, often facilitated by online platforms like Airbnb.