The overall landscape of short-term rental properties, including supply, demand, competition, and industry trends.
Glossary Term: Short-Term Rental Market
A situation where the number of short-term rentals in a particular market exceeds guest demand, potentially leading to lower occupancy rates and price competition.
Hungarian term for “Available Guest,” referring to potential renters actively searching and booking short-term rentals on platforms like Airbnb and VRBO.
Evaluating the financial viability of a potential short-term rental property by considering factors like purchase price, operating expenses, and projected revenue.
The process of researching and analyzing the short-term rental market in a specific location, considering factors like demand, competition, trends, and regulations.
The estimated number of active short-term rental listings and revenue generated in Olathe, Kansas, reflecting the scale of the local industry.
Researching and understanding the trends, competition, and demand for short-term rentals in a specific location.
Research and data analysis to understand the performance of short-term rentals in a specific location, including occupancy rates, average daily rates, and seasonality.
Researching and understanding the local short-term rental market, including competitor pricing, occupancy rates, and demand trends.
The economic activity generated by individuals renting out their homes or spare rooms on platforms like Airbnb and VRBO.
A decrease in the number of guests seeking short-term rentals in a particular market, often influenced by seasonal changes, economic factors, or external events.
A situation in the short-term rental market where the number of available listings decreases, potentially leading to increased competition and higher prices.