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Rome: Short-term rental sites are required to withhold a 21% rental income tax. [21] Venice: Hosts must collect and remit tourist taxes. [22] [23] Vienna: Short-term rentals are banned in specific "residential zones" within the city, with the exemption of apartments used primarily for the host's own residential needs. [24]
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. [1]
Vacation rental bedroom in Liesing, Austria. 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.
In 2000, 3,578,718, or 3.1% of the American housing stock, were holiday or second homes, compared with 2.7% in 1990, and 1.9% in 1980. 26% of all these are located in the north-eastern states, with approximately 250,199 (7% of all the second homes in the U.S.) located in New York, and Maine having the largest percentage of its housing stock as ...
Originally, Marriott Vacation Club properties were sold as weeks. A "fixed week" granted the owner the right to use their villa during a specific week each year (such as week 52, which includes New Year's Eve), or the right to use their villa during a specific "season" (defined on a per-resort basis), which granted the owner the right to reserve their villa for any available week within that ...
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Like most coastal communities, Plum Island has historically been a popular vacation destination. Several large hotels operated during the late-19th and early-20th centuries. Today, there are numerous lodging options for tourists, including bed and breakfasts, inns, and rental cottages. In addition, there is a population of year-round residents.
With 671 rooms, [1] [45] the building houses a hotel and gaming area [24] as well as a five-star spa, meeting, and event space with a grand ballroom, [18] [45] while the lobby used to feature a 2,000-pound (910 kg) sculpture of Popeye by artist Jeff Koons, [18] which Steve Wynn purchased at auction for $28.2 million [46] specifically for the ...
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