What's the difference between holiday-home and long-let management?

Long-let management places a tenant on an annual contract for a steady 5-8% fee. Holiday-home (short-term) management runs the unit like a hotel - listings, guest turnover, cleaning, dynamic pricing - for 15-25% of revenue, and legally needs a DET holiday-home permit per unit (permit fee about AED 1,520). Short-lets can gross 20-40% more but demand far more active management.