We explore the evolution of short-term rental accommodation across over 20 key hotel markets– and the ramifications for tourism and hospitality stakeholders. So, what are the key hotel destinations with fastest vacation rental growth over the past year?
For consumers, the historical distinction between hotels and short-term rental accommodation may be apparent, but for the hotel and vacation rental sectors, these lines are becoming a lot more blurred. Short-term rental supply growth has brought them into competitive consideration for hotels. So, should your hotel be looking at short-term rentals and how they utilize data?