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Florence, one of Italy's most popular tourist destinations, has banned new short-term residential lets on platforms such as Airbnb in its historic centre, in the latest move by a local authority ...
The city of Florence on Thursday announced an immediate ban on new short-term private vacation rentals in the Renaissance city’s historic center, part of an effort to draw full-time residents ...
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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 .
Short-term rental of all sorts of products (excluding real estate and holiday apartments) already represents an estimated €108 billion ($160 billion) annual market in Europe and is expected to grow further as the internet makes it easier to find specific items available for rent. [6]
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.
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