As short term rental demand slumps, destination markets prove bright spot

TR Number

Date

2021-01-28

Journal Title

Journal ISSN

Volume Title

Publisher

PhocusWire

Abstract

Short term rentals have found themselves in a tough spot, along with the hotel industry, as demand over the winter months in regional areas has evaporated. Destination markets such as ski resorts and warmer locations have done much better than traditionally popular winter destinations. Additionally, the lack of rental inventory in destination areas has also been increasing the rental prices for available properties.

Description

Keywords

COVID-19, Pandemic Response, Short-term rentals, Destination Markets

Citation