The broader economic ecosystem encompassing short-term rentals, platforms like Airbnb and VRBO, and related services.
Glossary Term: Short-Term Rentals
A vacation rental marketplace that allows homeowners to list and manage their properties for short-term rentals. It was acquired by Expedia Group and is now part of the Vrbo brand.
A situation where the supply of short-term rentals in a particular market exceeds the demand, potentially leading to lower occupancy rates and rental prices.
When two or more short-term rental businesses or related services combine their marketing budgets and efforts to promote their offerings jointly.
A clause in a lease agreement that explicitly prohibits tenants from subletting the property to others, including for short-term rentals, without the landlord’s consent.
The practice of renting out a portion or all of one’s primary residence to guests for short-term stays.
A coastal city in South Africa, formerly known as Port Elizabeth, offering a unique destination for short-term rentals with attractions like beaches, wildlife reserves, and historical sites.
A genre of electronic dance music originating from Durban, South Africa, which can add a local flavor and attract guests interested in cultural experiences to short-term rentals.
Short-term rental accommodations in Ft. McMurray, Alberta, often catering to workers in the oil sands industry with amenities and services tailored to their needs.
Software designed to manage guest accounts, track expenses, and generate financial reports specifically for short-term rental properties.
Data protection laws, like the General Data Protection Regulation (GDPR), applicable to short-term rental hosts in the EU, impacting how guest data is collected, stored, and used.
Refers to the influence of short-term rentals on local elections and political campaigns, often related to issues like housing affordability and neighborhood character.