Short-term Rentals
Promising Fall for U.S. Short-term Rentals Driven by Thanksgiving Bookings
AirDNA Market Review | U.S. September 2021
AirDNA Market Review | U.S. September 2021
The outlook for fall and winter remains optimistic with short-term rental demand up 18% compared to the same time in 2019 and 88% higher than in 2020. In general, people are booking well ahead for their holiday travel this year. The week of Thanksgiving is booking 38% higher than in 2019 and 85% higher than 2020.
Real estate services provider JLL is launching a short-term rental platform its positioning as a rival to giants in the space including Airbnb and Booking.com.
The so-called 'sharing economy' has experienced significant growth over recent years and is poised to outpace the growth of traditional accommodation. Drawing on case studies from around the world, 'New Business Models in the Accommodation Industry' analyses existing rules and regulations for the sector.
The American Hotel & Lodging Association (AHLA) president and CEO Katherine Lugar yesterday issued the following statement in response to the short-term rental ordinance approved by the San Diego City Council, which restricts short-term rentals to a hosts primary residence only.