Topic - Short-term Rental Trends

Short-term Rental Trends

How Airbnb and Short-Term Rentals Reshape Rural and Urban Communities - By Dr. Cindy Heo

In less than two decades, short-term rentals have thoroughly transformed the hospitality industry, wresting 15% market share from hotels. From a feel-good pioneer of the sharing economy to a $100bn behemoth, Airbed and Breakfast, better known as Airbnb, has revolutionized hospitality from its beginnings in 2007 - creating a whole new market in the process. But what happens to a community when Airbnb comes to town? In this article we take a deep dive into the impact of STRs, in particular Airbnb, and how communities are reacting.

2024-05-07

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Short-term Rental Trends

European Short-term Rental Segment on Track for Steady Growth - PhocusWire

The five core markets – United Kingdom, Germany, France, Italy and Spain – account for about 70% of the total European STR gross bookings. Recovery is expected to be the fastest in the U.K., exceeding pre-pandemic levels by the end of this year, while France will not see full recovery to 2019 levels before 2024.

2022-05-16

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U.S. Short-Term Rental Trends

Short-term Rental Demand Surpasses 2019 Levels - PhocusWire

According to AirDNA, short-term rental demand increased by 66.4% in April compared to 2020 levels and 5.4% over 2019 levels.

2021-05-17

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Short-term Rental Trends

Short-term Rental Occupancy Reaches All-time High - PhocusWire

According to AirDNA, occupancy in the United States rose to 60.9% for the month as spring break crowds swarmed coastal destinations, namely in Florida.

2021-04-14

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Short-term Rental Trends

Philadelphia Short-term Rental Properties Reported Occupancy of 46.9% in July

Philadelphia’s short-term rental occupancy for July came in slightly lower than the 47.9% recorded by hotels in the market.

2020-08-25

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Short-term Rental Trends

STR, AirDNA Release Full Analysis of Hotels and Short-term Rentals

The hotel industry has made promising weekly gains in occupancy since its low point of the COVID-19 pandemic, while short-term rentals are nearing last year’s levels in revenue per available room (RevPAR), according to a joint analysis of 27 global markets by STR and AirDNA.

2020-08-11

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Short-term Rental Trends

STR, AirDNA Analysis of Short-term Rentals and Hotels in 27 Global Markets

Short-term rentals have maintained higher performance levels than hotels during the time of the COVID-19 pandemic, according to the preliminary findings of a joint global analysis by STR and AirDNA.

2020-07-22

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Short-term Rental Trends

STR, AirDNA Analysis of Short-term Rentals and Hotels in 27 Global Markets

Short-term rentals have maintained higher performance levels than hotels during the time of the COVID-19 pandemic, according to the preliminary findings of a joint global analysis by STR and AirDNA.

2020-07-22

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