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Investment
Mid-term rental
A mid-term rental is a furnished let of roughly one to eleven months, sitting between nightly stays and a conventional tenancy. Typical guests are relocating staff, project workers, medical professionals and people between homes.
Why Mid-term rental matters for your revenue
Mid-term stays cut turnover cost and vacancy risk, and in some cities they fall outside the night caps that restrict short lets. The trade-off is a lower effective nightly rate and less pricing flexibility.
Related terms
- STR vs LTRSTR versus LTR is the comparison between letting a property to short-staying guests and letting it to a tenant on a long lease. Short-term letting typically produces higher gross income with higher costs, more variability and more regulation; long-term letting produces lower, steadier income.
- Length-of-stay discountA length-of-stay discount reduces the effective nightly rate when a guest books beyond a threshold, typically weekly or monthly. The discount trades headline rate for guaranteed occupancy and fewer turnovers across the booked period.
- Serviced apartmentA serviced apartment is a fully furnished private apartment let with services included, typically weekly housekeeping, linen, utilities and support. It is aimed at stays of a week or more rather than at weekend leisure travel.
- TurnoverTurnover is the full process of preparing a property between one guest's departure and the next arrival: cleaning, linen change, restocking consumables, inspection and reporting any damage or maintenance need.
Revenue Management at Pinnacle Path
Mid-term rental sits inside our revenue management work. See how we apply it market by market.