Vacation properties are real estate assets specifically designed for short-term rental or personal use during holidays. These properties can include beachfront condos, mountain cabins, or city apartments, catering to travelers seeking temporary accommodations. Owners often rent them out to generate income when not in use. Investing in vacation properties can provide financial benefits, such as rental income and potential appreciation in value. However, managing these properties requires attention to maintenance, marketing, and guest services. Many owners choose to hire property management companies to handle these responsibilities, ensuring a smooth experience for both guests and owners.