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Differentiating MEDIUM-TERM and SHORT-TERM rentals

29 Dec 2022 · 0 min

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0:28

Short spoken YouTube segment (Mark Simpson) explaining the difference between short-term and medium-term furnished rentals: the primary differentiator is stay length. Short-term stays are typically 2–7 nights; medium-term is described by the speaker as 30 days or more. The speaker cites marketplace trends: ~50% of Airbnb bookings are a week or longer, and 24% are 28 days or longer.

Questions this video answers

About 50% ("Half of all Airbnb bookings are now a week or longer").

24% ("24% of all bookings on Airbnb are 28 days or longer").

The speaker says they think of medium-term rentals as 30 days or more.

Medium term is similar to a short term rental. It is a furnished rental. What differentiates short and medium is the nightly stay. So a short term rental is going to be two to three nights, maybe a week. It's really interesting. Half of all Airbnb bookings are now a week or longer. But then you have 24% of all bookings on Airbnb are 28 days or longer. I'm always thinking of medium term rentals as 30 days or more.