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The website soon became popular with homeowners that wanted to list their properties for short term rental. [2] [3] By 2006, VRBO had over 465,000 rental listings [4] and was adding 100 new listings per day. [3] VRBO originally had a subscription business model in which payment of an annual fee allowed homeowners to list their properties on the ...
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 .
However, HBR researchers point out that “owner-occupiers” that rent out rooms or the entire house while they are absent does not affect the long-term rental market. [13] Another implication of short-term vacation rentals is that local communities can be disrupted by guests in unfamiliar neighborhoods.
Houston House Apartments is a 31-story apartment complex in the Skyline District of Downtown Houston, Texas, United States. The building, located in the southern portion of Downtown, has 396 apartments. Charles M. Goodman designed the building, which opened in 1966.
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[36] [37] In April 2024, the National Multifamily Housing Council, an industry trade group, announced that Greystar was the United States' largest apartment owner after adding over 10,000 units to its portfolio in 2023. [38] Greystar partners with Airbnb to allows its residents to host their homes as short-term rentals. [39]
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