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A vacation rental is the renting out of a furnished apartment, house, or professionally managed resort-condominium complex on a temporary basis to tourists as an alternative to a hotel. The term vacation rental is mainly used in the US. Other terms used are self-catering rental, holiday home, holiday let (in the United Kingdom), cottage holiday ...
Short-term rental (STR) describes furnished self-contained apartments or houses that are rented for short periods of time. [1] They are usually seen as an alternative to hotels. "Short stay" rentals are an offshoot of the corporate housing market, [2] and are also offered by private owners and investors via online platforms such as Airbnb.
Sonder Holdings Inc. manages short-term rentals, such as apartment hotels, in North America, Europe, and Dubai. [2][3] It was founded in Montreal, Canada in 2014 and since 2016 has been based in San Francisco, California. [4][5] Sonder manages over 9,000 units in over 40 cities in 10 countries and has served over 1 million guests. [6]
Short-term rentals are banned in certain parts of the city. [120] Barcelona: Vacation apartments are subject to the highest rate of property tax; platforms must share data with regulators. [121] [122] [123] Berlin: Short-term rentals require permission from authorities. Hosts can rent individual rooms with the condition that they live in most ...
A timeshare (sometimes called a vacation ownership or vacation club) is a property with a divided form of ownership or use rights. These properties are typically resort condominium units, in which multiple parties hold rights to use the property, and each owner of the same accommodation is allotted their period of time.
Vacation rental company Airbnb sees a huge opportunity to grow its long-term rental business as short-term rentals are under growing scrutiny in tourist hot spots like Athens a… USA TODAY 3 days ago
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