Hosts in touristy areas or a bustling downtown area may experience low vacancy rates and increased rental income due to the high demand for short-term rentals in these places.įor those guests who need to stay somewhere for a longer period of time, Airbnb offers shared spaces or properties that can be stayed in for longer.
Many hosts manage properties that serve as a good landing pad for weekend trips, family vacations, and one-off stays for events or festivals. Originally built with short-term rentals in mind, Airbnb still primarily caters to stays that range from 1-27 nights. Short-term vs long-term Airbnb rental agreements Read on for more on regulations, discounts, and how to optimize your short-term rental for long-term stays. As host, you may wish to cater to this audience by offering long-term Airbnb lease agreements. They might be taking an extended vacation, traveling for work, or even working remotely. There are many reasons why someone may want to book a vacation home for a month or more.
However, it might surprise you to find out that in 2021, 20% of the total nights booked were stays of 28 days or more. For many people, the mere mention of Airbnb will elicit visions of vacation beach pads, city-break apartments, and getaway cabins and lake houses.
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