Short-term rentals provide residential rental accommodation for 30 consecutive days or less.

Short-term rentals may include renting a room in a private home.

Short-Term Rental Types

The business model for short-term rentals is usually one of 2 types:

  1. Rental of an entire dwelling
  2. Rental of an individual room or space in a home where the host lives.

In many cases, short-term rentals are listed on multiple websites and operated by the property owner or a tenant. 

Transactions for short-term residential rental accommodations are usually completed through online platforms such as AirBnB, VRBO, HomeAway, and FlipKey.