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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. Other terms used are self-catering rental, holiday home, holiday let (in the United Kingdom), cottage holiday ...
In April 2024, the City of Myrtle Beach approved a temporary nine-month moratorium and pause on converting short-term rentals that allow occupants for less than 90 days into long-term units. 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. [1]
[141] [142] In South Korea the public Korea Land & Housing Corporation has provided homes to 2.9 million households which is 15% of the national total of 19.56 million households. This includes 2.7 million newly built public housing units and 1.03 million rental homes of which 260,000 were purchased or rented by the Land and Housing Corporation.
April 11, 2024 at 11:51 AM. Josh Bell/jbell@thesunnews.com. The City of Myrtle Beach stands to lose millions if more short-term rental properties are converted into long-term rental properties. It ...
In the spring, short-term rental rates average up to $278 a day on Hilton Head Island, according to AirDNA. Though property owners might not make as much money per day for a long-term rental ...
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