Abstract
The growth of Airbnb and other short-term rental platforms have presented absentee owners of urban residential properties with a choice of leasing strategy: traditional long-term rental or a short-term approach, known as “Airbnb-ing.” In this paper we identify those situations—location, structure type, and property characteristics—that lead to the highest likelihood of favoring a short-term strategy over a long-term one. Additionally, we test the impacts of hosting policies the results of which suggest that even the right property may need the right owner(s) or strategy to make short-term rental the more profitable approach.
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