Insight
Short-term rental hosts should consider offering mid-term leases because they can have a better yield than unfurnished long-term leases and much lower operating costs than daily stays.
This article discusses Nestpick and Sublet.com, platforms specializing in mid-term rentals (30 days to a year) that can be more profitable than long-term unfurnished leases and have lower operating costs than daily stays. Hosts can leverage these platforms to cater to remote workers and digital nomads and potentially benefit from lower service fees.
Short-term rental hosts should consider offering mid-term leases because they can have a better yield than unfurnished long-term leases and much lower operating costs than daily stays.