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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. [1]
The website soon became popular with homeowners that wanted to list their properties for short term rental. [2] [3] By 2006, VRBO had over 65,000 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 ...
Paris: Hosts can rent their homes for no more than 120 days a year [135] and must register their listing with the town hall. [136] Rome: Short-term rental sites are required to withhold a 21% rental income tax. [137] Venice: Hosts must collect and remit tourist taxes. [138] [139]
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