Short-term vs. Long-term: Is the extra effort for Airbnb actually worth it?

I'm currently deciding how to manage my first investment property and I'm torn between the passive nature of a long-term lease and the higher potential yield of an Airbnb. I know the revenue numbers look better on paper for short-term rentals, but I'm worried about the constant turnover, cleaning costs, and the increasing regulatory hurdles in my city. Has anyone here made the switch from one to the other recently? I'd love to hear if the headache of managing guests is actually justified by the bottom line after accounting for all the extra expenses.