Specific rules and ordinances implemented by cities or municipalities governing short-term rentals, often addressing issues like licensing, occupancy limits, and noise restrictions.
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A situation where a guest makes a booking on a short-term rental platform like Airbnb or VRBO, but the reservation is later…
A fully furnished and equipped short-term rental that is ready for immediate occupancy by guests, requiring minimal setup from the host.
A strategy where investors rent properties on a mid-term basis (typically 1-6 months) and sublet them on a short-term basis for a…
The percentage of time a short-term rental property is booked and occupied by guests over a specific period. Higher occupancy rates generally…