CEO Brian Chesky says the company intends to ramp up its long-term rental business, which includes bookings that are 28 days or longer. BY REUTERS SEP 21, 2024 Vacationing in a foreign country. Photo: Getty Images Vacation rental company Airbnb sees a huge opportunity to grow its long-ter...
NEW YORK (Reuters) - 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 and Barcelona. The company is focused on growing its long-term rental business, whi...
Airbnb rent premium Regulating the sharing economy Hedonic prediction Day limits on airbnb rentals Housing market 1. Introduction The dramatic rise of Airbnb has led to concerns that landlords worldwide are switching properties from the long-term rental market to Airbnb. For example, Combs et al...
Now that Airbnb has rattled the hotel industry, is it only a matter of time before it offers customers longer-term rental options? A pair of real estate experts with John Burns Real Estate Consulting senses a trend developing where Airbnb-which is on pace to book 80 million nights in 2015...
According to Bloomberg’s sources, Airbnb has secured the services of consulting firm McKinsey & Co. to look into the feasibility of diving into a different marketplace — that of the long-term rental business. The sources also suggested that McKinsey’s research will involve a “competitive an...
Investors can also rent out a room or rooms in their primary residential real estate property and generate extra money. The flexibility of Airbnb short term rentals makes it a better rental strategy for investors in Miami real estate compared to long term rentals. Related: 6 Reasons For The...
Converting a long-term rental to a short-term rental can be a lucrative venture for landlords or property owners. With the rise of vacation rental platforms like Airbnb and Vrbo, there’s a growing demand for short-term rentals, especially in popular tourist destinations. In this blog, we...
Short-Term Rental Challenges: Regulations: Many cities are implementing strict short-term rental regulations or outright bans Market Volatility: Income can vary significantly by season and during economic downturns Higher Time Commitment: Managing bookings, cleanings, and guest communications requires more ...
Instead of a hotel room, they have a house, or pool or entire condo apartment, a home away from home. I own 19 such properties. Hotel room can get on the nerve. Try airbnb long term rental. Reply Report inappropriate content
so getting a hotel every so often is a nice change of pace and might be what you need to deal with some travel burnout. Though with rental sites like Airbnb getting bigger and more popular, you can often find a house/apartment/condo rental for the same price as a hotel, and you’ll...