The Short-Term Rental Paradox

Gamit, Akshay K.

doi:https://doi.org/10.55041/ijsmt.v2i4.305

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THE SHORT-TERM RENTAL PARADOX

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Akshay K. Gamit

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DOI: 10.55041/ijsmt.v2i4.305

CC BY 4.0 License:

This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

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Abstract

Tourism is a very crucial industry for several countries which affects and attracts foreign currency and significantly contributes to a nation's GDP. Some countries rely heavily on the tertiary sector to gain worldwide recognition which also helps them economically and politically.

The following article elaborates how tourism impacts the daily lives of local citizens, exploring both its undeniable benefits and its notable drawbacks. It ultimately aims to derive a midway solution to manage the issue smoothly, which also affects the social sector and standard of life.

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This article has undergone plagiarism screening and double-blind peer review. Editorial policies have been followed. Authors retain copyright under CC BY-NC 4.0 license. The research complies with ethical standards and institutional guidelines.

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