Short term rentals are rentals that are primarily rented for 30 days or less. They are also commonly known as vacation rentals. Short term rentals are usually rented to guests on platforms such as Airbnb and VRBO, but many platforms now exist to list your space for rental. Your rental can be for your entire house, a guest house, or even just a room in your home.
Guests can be very diverse and have different average attributes from platform to platform. One of the characteristics that makes San Antonio such a great city for short term rentals is the diversity of guests who need accommodations. We commonly see vacationers visiting from all over the country and world, family members in town for a BMT graduation, families traveling to town for their children’s school competitions, and plenty of business travelers. The types of guests here are very diverse and that can help stabilize demand and improve pricing during the year if you understand the seasonality of certain guest types.