Historically, short-term rentals have been an unattractive business for the majority of estate agents and property managers. Scarcity of demand from tenants has made for a weak proposition to landlords, with the operational complexity of managing short-term rentals resulting in paper thin margins for the agent. Many actually operate at a loss.
By contrast, today the major online platforms (Airbnb, Booking.com, HomeAway and others) have made short-term renting as easy as booking a hotel. Here's a look at why super short-term rentals might be the future of the private rented sector.