Renting, also known as hiring or letting, is an agreement where a payment is made for the temporary use of a good, service or property owned by another. A gross lease is when the tenant pays a flat rental amount and the landlord pays for all property charges regularly incurred by the ownership.
Short-term rental of all sorts of products (excluding real estate and holiday apartments) is expected to grow further as the internet makes it easier to find specific items available for rent. According to a poll, 76% of people looking to rent would go to the internet first to find what they need; rise to 88% for those aged 25–34.
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