We have quite a few RE sales listings here where it mentions the property was leased to an Airbnb or Vrbo operator, and the owner is selling the property. At first, I thought that is what we were being told: this S Corp leases property for its use in a management operation from others, and then makes it available through a "rental pool" service such as Airbnb. If the S corp leases property it owns to an Airbnb operator, that would be different than making its own property available through Airbnb.

I live in a recreational corridor. I worked for an entity having 147 units under rental pool management at a lake/ski resort area. There are a lot of options in the arrangements when you include Airbnb and Lease in a sentence.